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Prediction Market

  • Kartonierter Einband
  • 68 Seiten
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Beschreibung

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are speculative markets created for the purpose of making predictions. Assets are created whose final cash value is tied to a particular event (e.g., will the next US president be a Republican) or parameter (e.g., total sales next quarter). The current market prices can then be interpreted as predictions of the probability of the event or the expected value of the parameter. Prediction markets are thus structured as betting exchanges, without any risk for the bookmaker.

Klappentext

Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are speculative markets created for the purpose of making predictions. Assets are created whose final cash value is tied to a particular event (e.g., will the next US president be a Republican) or parameter (e.g., total sales next quarter). The current market prices can then be interpreted as predictions of the probability of the event or the expected value of the parameter. Prediction markets are thus structured as betting exchanges, without any risk for the bookmaker.

Produktinformationen

Titel: Prediction Market
Untertitel: Betting Exchange, Speculation, Betfair, Intrade, Bet2Give, Delphi Method, John Brunner, Charles F. Manski, Calibrated Probability Assessment, Market Manipulation
Editor:
EAN: 9786130306755
ISBN: 978-613-0-30675-5
Format: Kartonierter Einband
Herausgeber: Betascript Publishing
Genre: Wirtschaft
Anzahl Seiten: 68
Gewicht: g
Größe: H220mm x B220mm
Jahr: 2009