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http://hdl.handle.net/10419/33339
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| Title: | | Five open questions about prediction markets  |
| Authors: | | Wolfers, Justin Zitzewitz, Eric |
| Issue Date: | | 2006 |
| Series/Report no.: | | IZA Discussion Papers 1975 |
| Abstract: | | 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. |
| Subjects: | | prediction markets information markets event futures political forecasting prediction IVs |
| JEL: | | C9 D7 D8 G1 M2 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
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