
Prediction Markets
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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. von Luckner, Stefan und Schröder, Jan und Slamka, Christian und Skiera, Bernd und Spann, Martin und Weinhardt, Christof und Geyer-Schulz, Andreas und Franke, Markus
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Über den Autor
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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- Hardcover -
- Vahlen Franz GmbH
- Hardcover -
- Gabler, Betriebswirt.-Vlg
- Hardcover -
- Gabler, Betriebswirt.-Vlg
- Hardcover
- 196 Seiten
- Gabler, Betriebswirt.-Vlg
- Hardcover
- 256 Seiten
- De Gruyter Oldenbourg
- Hardcover -
- Vahlen Franz GmbH