Equilibrium in prediction markets with buyers and sellers
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Manski, Charles F., 2006.
"Interpreting the predictions of prediction markets,"
Economics Letters, Elsevier, vol. 91(3), pages 425-429, June.
- Charles F. Manski, 2004. "Interpreting the Predictions of Prediction Markets," NBER Working Papers 10359, National Bureau of Economic Research, Inc.
- Berg, Joyce E. & Nelson, Forrest D. & Rietz, Thomas A., 2008. "Prediction market accuracy in the long run," International Journal of Forecasting, Elsevier, vol. 24(2), pages 285-300.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- C. O. Iroham & M. E. Emetere & H. I. Okagbue & O. Ogunkoya & O. D. Durodola & N. J. Peter & O. M. Akinwale, 2019. "Modified Pricing Model for Negotiation of Mortgage Valuation Between Estate Surveyors and Valuers and Their Clients," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 20(4), pages 337-347, December.
- Gustav Axén & Dominic Cortis, 2020. "Hedging on Betting Markets," Risks, MDPI, vol. 8(3), pages 1-14, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Siemroth, Christoph, 2014.
"Why prediction markets work : The role of information acquisition and endogenous weighting,"
Working Papers
14-02, University of Mannheim, Department of Economics.
- Siemroth, Christoph, 2014. "Why prediction markets work : the role of information acquisition and endogenous weighting," Working Papers 14-29, University of Mannheim, Department of Economics.
- Coulomb, Renaud & Sangnier, Marc, 2014.
"The impact of political majorities on firm value: Do electoral promises or friendship connections matter?,"
Journal of Public Economics, Elsevier, vol. 115(C), pages 158-170.
- Renaud Coulomb & Marc Sangnier, 2014. "The Impact of Political Majorities on Firm Value: Do Electoral Promises or Friendship Connections Matter?," AMSE Working Papers 1414, Aix-Marseille School of Economics, France, revised May 2014.
- Renaud Coulomb & Marc Sangnier, 2014. "The Impact of Political Majorities on Firm Value: Do Electoral Promises or Friendship Connections Matter?," Post-Print halshs-00990241, HAL.
- Renaud Coulomb & Marc Sangnier, 2014. "The Impact of Political Majorities on Firm Value: Do Electoral Promises or Friendship Connections Matter?," PSE-Ecole d'économie de Paris (Postprint) halshs-00990241, HAL.
- Stefan Palan & Jürgen Huber & Larissa Senninger, 2020.
"Aggregation mechanisms for crowd predictions,"
Experimental Economics, Springer;Economic Science Association, vol. 23(3), pages 788-814, September.
- Stefan Palan & Jürgen Huber & Larissa Senninger, 2019. "Aggregation Mechanisms for Crowd Predictions," Working Paper Series, Social and Economic Sciences 2019-01, Faculty of Social and Economic Sciences, Karl-Franzens-University Graz.
- Ho Cheung Brian Lee & Jan Stallaert & Ming Fan, 2020. "Anomalies in Probability Estimates for Event Forecasting on Prediction Markets," Production and Operations Management, Production and Operations Management Society, vol. 29(9), pages 2077-2095, September.
- Gustav Axén & Dominic Cortis, 2020. "Hedging on Betting Markets," Risks, MDPI, vol. 8(3), pages 1-14, August.
- Boulu-Reshef, Béatrice & Comeig, Irene & Donze, Robert & Weiss, Gregory D., 2016.
"Risk aversion in prediction markets: A framed-field experiment,"
Journal of Business Research, Elsevier, vol. 69(11), pages 5071-5075.
- Béatrice Boulu-Reshef & Irene Comeig & Robert Donze & Gregory Weiss, 2016. "Risk aversion in prediction markets: A framed-field experiment," Post-Print hal-03533155, HAL.
- Béatrice Boulu-Reshef & Irene Comeig & Robert Donze & Gregory D. Weiss, 2016. "Risk aversion in prediction markets: A framed-field experiment," Post-Print hal-01368197, HAL.
- Béatrice Boulu-Reshef & Irene Comeig & Robert Donze & Gregory D. Weiss, 2016. "Risk aversion in prediction markets: A framed-field experiment," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01368197, HAL.
- Werner Antweiler, 2012. "Long-Term Prediction Markets," Journal of Prediction Markets, University of Buckingham Press, vol. 6(3), pages 43-61.
- Bergemann, Dirk & Ottaviani, Marco, 2021.
"Information Markets and Nonmarkets,"
CEPR Discussion Papers
16459, C.E.P.R. Discussion Papers.
- Dirk Bergemann & Marco Ottaviani, 2021. "Information Markets and Nonmarkets," Cowles Foundation Discussion Papers 2296, Cowles Foundation for Research in Economics, Yale University.
- Dian Yu & Jianjun Gao & Weiping Wu & Zizhuo Wang, 2022. "Price Interpretability of Prediction Markets: A Convergence Analysis," Papers 2205.08913, arXiv.org, revised Nov 2023.
- Victor Tiberius & Christoph Rasche, 2011. "Prognosemärkte," Metrika: International Journal for Theoretical and Applied Statistics, Springer, vol. 21(4), pages 467-472, April.
- Joyce E. Berg & John Geweke & Thomas A. Rietz, 2010. "Memoirs of an indifferent trader: Estimating forecast distributions from prediction markets," Quantitative Economics, Econometric Society, vol. 1(1), pages 163-186, July.
- Yu, Dian & Gao, Jianjun & Wang, Tongyao, 2022. "Betting market equilibrium with heterogeneous beliefs: A prospect theory-based model," European Journal of Operational Research, Elsevier, vol. 298(1), pages 137-151.
- Coulomb, Renaud & Sangnier, Marc, 2014.
"The impact of political majorities on firm value: Do electoral promises or friendship connections matter?,"
Journal of Public Economics, Elsevier, vol. 115(C), pages 158-170.
- Renaud Coulomb & Marc Sangnier, 2012. "Impacts of Political Majorities on French Firms: Electoral Promises or Friendship Connections?," Working Papers halshs-00671405, HAL.
- Renaud Coulomb & Marc Sangnier, 2012. "Impacts of Political Majorities on French Firms: Electoral Promises or Friendship Connections?," PSE Working Papers halshs-00671405, HAL.
- Renaud Coulomb & Marc Sangnier, 2014. "The Impact of Political Majorities on Firm Value: Do Electoral Promises or Friendship Connections Matter?," AMSE Working Papers 1414, Aix-Marseille School of Economics, France, revised May 2014.
- Denter, Philipp & Sisak, Dana, 2015.
"Do polls create momentum in political competition?,"
Journal of Public Economics, Elsevier, vol. 130(C), pages 1-14.
- Philipp Denter & Dana Sisak, 2013. "Do Polls create Momentum in Political Competition?," Tinbergen Institute Discussion Papers 13-169/VII, Tinbergen Institute.
- Mikuláš Gangur & Miroslav Plevný, 2014. "Tools for Consumer Rights Protection in the Prediction of Electronic Virtual Market and Technological Changes," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(36), pages 578-578, May.
- Ray C. Fair, 2006. "Interpreting the Predictive Uncertainty of Presidential Elections," Levine's Bibliography 321307000000000427, UCLA Department of Economics.
- Ray C. Fair, 2006. "Interpreting the Predictive Uncertainty of Elections," Cowles Foundation Discussion Papers 1579, Cowles Foundation for Research in Economics, Yale University, revised May 2007.
- Galanis Spyros & Kotronis Stelios, 2021.
"Updating Awareness and Information Aggregation,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 21(2), pages 613-635, June.
- Galanis, S. & Kotronis, S., 2019. "Updating Awareness and Information Aggregation," Working Papers 19/03, Department of Economics, City University London.
- Schneider, Mark, 2020. "A bias aggregation theorem," Economics Letters, Elsevier, vol. 196(C).
- Angelini, Giovanni & De Angelis, Luca & Singleton, Carl, 2022.
"Informational efficiency and behaviour within in-play prediction markets,"
International Journal of Forecasting, Elsevier, vol. 38(1), pages 282-299.
- Giovanni Angelini & Luca De Angelis & Carl Singleton, 2019. "Informational efficiency and behaviour within in-play prediction markets," Economics Discussion Papers em-dp2019-20, Department of Economics, University of Reading, revised 01 Apr 2021.
More about this item
Keywords
Parimutuel betting Aggregate beliefs Subjective probability;Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:109:y:2010:i:1:p:46-49. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.