Prediction Markets is popular PDF and ePub book, written by Stefan Luckner in 2011-11-04, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Prediction Markets can be Read Online from any device for your convenience.
Prediction Markets Book PDF Summary
Accurate predictions are essential in many areas such as corporate decision making, weather forecasting and technology forecasting. Prediction markets help to aggregate information and gain a better understanding of the future by leveraging the wisdom of the crowds. Trading prices in prediction markets thus reflect the traders’ aggregated expectations on the outcome of uncertain future events and can be used to predict the likelihood of these events. This book demonstrates that markets are accurate predictors. Results from several empirical studies reported in this work show the importance of designing such markets properly in order to derive valuable predictions. Therefore, the findings are valuable for designing future prediction markets.
Detail Book of Prediction Markets PDF
- Author : Stefan Luckner
- Release : 04 November 2011
- Publisher : Springer Science & Business Media
- ISBN : 9783834970855
- Genre : Business & Economics
- Total Page : 152 pages
- Language : English
- PDF File Size : 13,7 Mb
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