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Five open questions about prediction markets

Author: Justin Wolfers; Eric Zitzewitz; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2006.
Series: Working paper series (National Bureau of Economic Research), no. 12060.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
Abstract: Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management -- in both the public and private sectors. This paper outlines five open questions in the literature, and we argue that resolving these questions is crucial to determining whether current optimism about prediction  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Justin Wolfers; Eric Zitzewitz; National Bureau of Economic Research.
OCLC Number: 64130855
Notes: "February 2006."
Cover title.
Description: 1 online resource (22, [2] pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 12060.
Responsibility: Justin Wolfers, Eric Zitzewitz.

Abstract:

Abstract: Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management -- in both the public and private sectors. This paper outlines five open questions in the literature, and we argue that resolving these questions is crucial to determining whether current optimism about prediction markets will be realized.

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