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Are Crowds on the Internet Wiser than Experts? The Case of a Stock Prediction Community

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  • Nofer, Michael
  • Hinz, Oliver

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  • Nofer, Michael & Hinz, Oliver, 2014. "Are Crowds on the Internet Wiser than Experts? The Case of a Stock Prediction Community," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 69935, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
  • Handle: RePEc:dar:wpaper:69935
    Note: for complete metadata visit http://tubiblio.ulb.tu-darmstadt.de/69935/
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    Cited by:

    1. Oliver Merz & Raphael Flepp & Egon Franck, 2021. "Underestimating randomness: Outcome bias in betting exchange markets," Working Papers 390, University of Zurich, Department of Business Administration (IBW).
    2. Peter Gomber & Jascha-Alexander Koch & Michael Siering, 2017. "Digital Finance and FinTech: current research and future research directions," Journal of Business Economics, Springer, vol. 87(5), pages 537-580, July.
    3. Joshua Aaron Becker & Douglas Guilbeault & Edward Bishop Smith, 2022. "The Crowd Classification Problem: Social Dynamics of Binary-Choice Accuracy," Management Science, INFORMS, vol. 68(5), pages 3949-3965, May.
    4. Vincenz Frey & Arnout van de Rijt, 2021. "Social Influence Undermines the Wisdom of the Crowd in Sequential Decision Making," Management Science, INFORMS, vol. 67(7), pages 4273-4286, July.
    5. Kevin Primicerio & Damien Challet & Stanislao Gualdi, 2021. "Collective rationality and functional wisdom of the crowd in far-from-rational institutional investors," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 16(1), pages 153-171, January.
    6. Kevin Primicerio & Damien Challet & Stanislao Gualdi, 2017. "Wisdom of the institutional crowd," Papers 1703.01989, arXiv.org, revised Sep 2017.
    7. Lees, Jeffrey Martin, 2022. "Algorithms and Professionals May Disagree On Companies’ Reputations," OSF Preprints amwy4, Center for Open Science.
    8. Abdel-Karim, Benjamin M. & Benlian, Alexander & Hinz, Oliver, 2021. "The Predictive Value of Data from Virtual Investment Communities," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 124589, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    9. Joshua Becker & Douglas Guilbeault & Ned Smith, 2021. "The Crowd Classification Problem: Social Dynamics of Binary Choice Accuracy," Papers 2104.11300, arXiv.org.
    10. Zhang, Yongjie & An, Yahui & Feng, Xu & Jin, Xi, 2017. "Celebrities and ordinaries in social networks: Who knows more information?," Finance Research Letters, Elsevier, vol. 20(C), pages 153-161.
    11. Alex Albright & Peter Pedroni & Stephen Sheppard, 2018. "Uncorking Expert Reviews with Social Media: A Case Study Served with Wine," Department of Economics Working Papers 2018-03, Department of Economics, Williams College.
    12. Wessel Wijtvliet & Arthur Dyevre, 2021. "Judicial ideology in economic cases: Evidence from the General Court of the European Union," European Union Politics, , vol. 22(1), pages 25-45, March.
    13. Onishi Hiroshi, 2018. "Consumers’ Social Learning About Videogame Consoles Through Multiple Website Browsing," Journal of Systems Science and Information, De Gruyter, vol. 6(6), pages 495-511, December.

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