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Books > Business & Economics > Business & management > Management & management techniques > Management decision making

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Prediction Markets - Fundamentals, Designs, and Applications (Paperback, 2012) Loot Price: R1,474
Discovery Miles 14 740
Prediction Markets - Fundamentals, Designs, and Applications (Paperback, 2012): Stefan Luckner, Jan Schroeder, Christian...

Prediction Markets - Fundamentals, Designs, and Applications (Paperback, 2012)

Stefan Luckner, Jan Schroeder, Christian Slamka, Bernd Skiera, Martin Spann, Christof Weinhardt, Andreas Geyer-Schulz, Markus Franke

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Loot Price R1,474 Discovery Miles 14 740 | Repayment Terms: R138 pm x 12*

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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.

General

Imprint: Gabler
Country of origin: Germany
Release date: December 2011
First published: 2012
Authors: Stefan Luckner • Jan Schroeder • Christian Slamka • Bernd Skiera • Martin Spann • Christof Weinhardt • Andreas Geyer-Schulz • Markus Franke
Dimensions: 210 x 148 x 10mm (L x W x T)
Format: Paperback
Pages: 141
Edition: 2012
ISBN-13: 978-3-8349-3358-4
Languages: English
Subtitles: German
Categories: Books > Business & Economics > Finance & accounting > Finance > General
Books > Business & Economics > Business & management > Management & management techniques > Management decision making > General
Books > Money & Finance > General
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LSN: 3-8349-3358-9
Barcode: 9783834933584

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