Recent years have seen extensive investigation of the information aggregation properties of prediction markets. However, relatively little is known about conditions under which a ...
Krishnamurthy Iyer, Ramesh Johari, Ciamac Cyrus Mo...
We present a simple and uniform communication framework for an agent-based market infrastructure, the goal of which is to enable automation of consumer goods markets distributed ov...
Much evidence has shown that prediction markets, when used in isolation, can effectively aggregate dispersed information about uncertain future events and produce remarkably accur...
Yiling Chen, Xi Alice Gao, Rick Goldstein, Ian A. ...
Proper scoring rules, particularly when used as the basis for a prediction market, are powerful tools for eliciting and aggregating beliefs about events such as the likely outcome...