Manipulations in Prediction Markets
Author | : Jan Schröder |
Publisher | : KIT Scientific Publishing |
Total Pages | : 180 |
Release | : 2009 |
ISBN-10 | : 9783866443440 |
ISBN-13 | : 3866443447 |
Rating | : 4/5 (447 Downloads) |
Download or read book Manipulations in Prediction Markets written by Jan Schröder and published by KIT Scientific Publishing. This book was released on 2009 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fraud and manipulation in prediction markets are systematic results of incentive incompatibility, which, if present, have to be detected and balanced. ""Manipulations in Prediction Markets"" gives a critical insight into manipulations that are most likely to occur in prediction markets. In a general approach the book discusses the issue of incentives in markets and the breakdown of the incentive system. On this basis a new way of detecting irregular trading behaviour is introduced.