Manipulations In Prediction Markets
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Manipulations in Prediction Markets
Author | : Jan Schröder |
Publisher | : KIT Scientific Publishing |
Total Pages | : 180 |
Release | : 2009 |
Genre | : Business |
ISBN | : 3866443447 |
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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.
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