Five open questions about prediction markets

Arbeitspapier

Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors. This paper outlines five open questions in the literature, and we argue that resolving these questions is crucial to determining whether current optimism about prediction markets will be realized.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IZA Discussion Papers ; No. 1975

Classification and Topics

• Classification: Wirtschaft
• Subject: prediction markets ; information markets ; event futures ; political forecasting ; prediction IVs ; Prognoseverfahren ; Informationsdienstleistung ; Manipulation ; Risikomanagement ; Wirtschaftsprognose ; Börsenspiel

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Wolfers, Justin ; Zitzewitz, Eric
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/33339
• Last update: 10.03.2025, 11:43 AM CET