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- W2993350882 abstract "Prediction markets are a relatively new tool for aggregating dispersed personal information. The idea is that the price in these markets can directly be used as a prediction for an event. This research uses an agent-based model to test whether the price is a reflection of the beliefs of traders. The results shows that the price is a direct indicator of general patterns in the beliefs of traders, but only weakly correlates with exact differences. This research also sheds new light on why some markets do not produce trades. All in all this research supports the idea that prediction markets are able to aggregate dispersed information, with the price as a direct measure for this information." @default.
- W2993350882 created "2019-12-13" @default.
- W2993350882 creator A5036017078 @default.
- W2993350882 date "2019-03-02" @default.
- W2993350882 modified "2023-09-26" @default.
- W2993350882 title "Beliefs of traders in prediction markets" @default.
- W2993350882 hasPublicationYear "2019" @default.
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