Prediction Markets : Fundamentals, Designs, and Applications

Luckner, Stefan; Schroder, Jan; Slamka, Christian; Geyer-Schulz, Andreas; Skiera, Bernd

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ISBN 10: 3834933589 ISBN 13: 9783834933584
Published by Gabler Verlag, 2011
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Synopsis:

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.

About the Author:

Dr. Stefan Luckner works as an IT strategy consultant for a leading management consulting company.

Dr. Jan Schröder is co-founder of KENFORX, a company providing methods for collective intelligence like prediction markets.

Dr. Christian Slamka works as a consultant in strategic IT management projects in the telecom industry.

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Title: Prediction Markets : Fundamentals, Designs, ...
Publisher: Gabler Verlag
Publication Date: 2011
Binding: Soft cover
Condition: New

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Stefan Luckner|Jan Schröder|Christian Slamka|Bernd Skiera|Martin Spann|Christof Weinhardt|Andreas Geyer-Schulz|Markus Franke
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Dr. Stefan Luckner works as an IT strategy consultant for a leading management consulting company.Dr. Jan Schroeder is co-founder of KENFORX, a company providing methods for collective intelligence like prediction markets.Dr. Christian Slamk. Seller Inventory # 5382080

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Taschenbuch. Condition: Neu. Prediction Markets | Fundamentals, Designs, and Applications | Stefan Luckner (u. a.) | Taschenbuch | XIV | Englisch | 2011 | Gabler Verlag | EAN 9783834933584 | Verantwortliche Person für die EU: Springer Gabler in Springer Science + Business Media, Tiergartenstr. 15-17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu Print on Demand. Seller Inventory # 106653460

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Taschenbuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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. Seller Inventory # 9783834933584

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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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. 156 pp. Englisch. Seller Inventory # 9783834933584

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Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Titel. Neuware -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.Gabler, Betriebswirt.-Vlg, Abraham-Lincoln-Str. 46, 65189 Wiesbaden 156 pp. Englisch. Seller Inventory # 9783834933584

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