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  • Book
  • © 2012

Prediction Markets

Fundamentals, Designs, and Applications

Authors:

  1. Stefan Luckner
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  2. Jan Schröder
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  3. Christian Slamka
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  4. Markus Franke
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  5. Andreas Geyer-Schulz
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  6. Bernd Skiera
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  7. Martin Spann
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  8. Christof Weinhardt
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Table of contents (5 chapters)

  1. Front Matter

    Pages I-XIV
    PDF

  2. Introduction

    • Stefan Luckner, Jan Schröder, Christian Slamka, Markus Franke, Andreas Geyer-Schulz, Bernd Skiera et al.
    Pages 1-5

  3. Fundamentals of Prediction Markets

    • Stefan Luckner, Jan Schröder, Christian Slamka, Markus Franke, Andreas Geyer-Schulz, Bernd Skiera et al.
    Pages 6-10

  4. Key Design Elements of Prediction Markets

    • Stefan Luckner, Jan Schröder, Christian Slamka, Markus Franke, Andreas Geyer-Schulz, Bernd Skiera et al.
    Pages 11-47

  5. Applications of Prediction Markets

    • Stefan Luckner, Jan Schröder, Christian Slamka, Markus Franke, Andreas Geyer-Schulz, Bernd Skiera et al.
    Pages 48-117

  6. Conclusion

    • Stefan Luckner, Jan Schröder, Christian Slamka, Markus Franke, Andreas Geyer-Schulz, Bernd Skiera et al.
    Pages 118-119

  7. Back Matter

    Pages 120-140
    PDF
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About this book

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.
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About the authors

Dr. Stefan Luckner works as an IT strategy consultant for a leading management consulting company.

Dr. Jan Schröder is co-founder of KENFORX, a company providing methods for collective intelligence like prediction markets.

Dr. Christian Slamka works as a consultant in strategic IT management projects in the telecom industry.

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Bibliographic Information

  • Book Title: Prediction Markets

  • Book Subtitle: Fundamentals, Designs, and Applications

  • Authors: Stefan Luckner, Jan Schröder, Christian Slamka, Markus Franke, Andreas Geyer-Schulz, Bernd Skiera, Martin Spann, … Christof Weinhardt

  • DOI: https://doi.org/10.1007/978-3-8349-7085-5

  • Publisher: Gabler Verlag Wiesbaden

  • eBook Packages: Business and Economics, Business and Management (R0)

  • Copyright Information: Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2012

  • Softcover ISBN: 978-3-8349-3358-4Published: 20 December 2011

  • eBook ISBN: 978-3-8349-7085-5Published: 04 November 2011

  • Edition Number: 1

  • Number of Pages: XIV, 141

  • Topics: Trade, Business and Management, general

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Buy it now

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

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