Prediction Markets: Fundamentals, Designs, and Applications

by Christof Weinhardt (Author), StefanLuckner (Author), JanSchröder (Author), Markus Franke (Author), Andreas Geyer - Schulz (Author), Martin Spann (Author), Christian Slamka (Author), Bernd Skiera (Author)

• New

  Paperback
  2011

  $55.73

  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. This book demonstrates that markets are accurate predictors.