메뉴 건너뛰기




Volumn , Issue , 2008, Pages

An empirical investigation of the forecast accuracy of play-money prediction markets and professional betting markets

Author keywords

Betting; Forecast accuracy; Prediction markets; Sports forecasting

Indexed keywords

ACCURATE PREDICTION; BETTING; EMPIRICAL INVESTIGATION; EMPIRICAL STUDIES; EXPERT OPINION; FORECAST ACCURACY; FORECASTING PERFORMANCE; HISTORIC DATA; PREDICTION MARKETS; SPORTS FORECASTING; WORLD CUP;

EID: 84870646115     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper
Times cited : (4)

References (27)
  • 2
    • 0037258786 scopus 로고    scopus 로고
    • Prediction markets as decision support systems
    • Berg, J. E. and Rietz, T. A. (2003). Prediction Markets as Decision Support Systems. Information Systems Frontiers, 5 (1), 79-93.
    • (2003) Information Systems Frontiers , vol.5 , Issue.1 , pp. 79-93
    • Berg, J.E.1    Rietz, T.A.2
  • 3
    • 0343114304 scopus 로고    scopus 로고
    • The favourite-longshot bias and market efficiency in UK football betting
    • Cain, M., Law, D. and Peel, D. (2000). The Favourite-Longshot Bias and Market Efficiency in UK Football betting. Scottish Journal of Political Economy, 47 (1), 25-36.
    • (2000) Scottish Journal of Political Economy , vol.47 , Issue.1 , pp. 25-36
    • Cain, M.1    Law, D.2    Peel, D.3
  • 4
    • 24944591658 scopus 로고    scopus 로고
    • Information aggregation mechanisms: Concept, design and implementation for a sales forecasting problem
    • California Institute of Technology, Pasadena
    • Chen, K.-Y. and Plott, C. R. (2002). Information Aggregation Mechanisms: Concept, Design and Implementation for a Sales Forecasting Problem. Social Science Working Paper No. 1131. California Institute of Technology, Pasadena.
    • (2002) Social Science Working Paper No. 1131
    • Chen, K.-Y.1    Plott, C.R.2
  • 6
    • 0000480869 scopus 로고
    • Efficient capital markets: A review of theory and empirical work
    • Fama, E. F. (1970). Efficient Capital Markets: A Review of Theory and Empirical Work. Journal of Finance, 25 (2), 383-417.
    • (1970) Journal of Finance , vol.25 , Issue.2 , pp. 383-417
    • Fama, E.F.1
  • 7
    • 0000029776 scopus 로고
    • Efficient capital markets: II
    • Fama, E. F. (1991). Efficient Capital Markets: II. Journal of Finance, 46 (5), 1575-1617.
    • (1991) Journal of Finance , vol.46 , Issue.5 , pp. 1575-1617
    • Fama, E.F.1
  • 9
    • 0000405908 scopus 로고
    • Using market prices to predict election results: The 1993 UBC election stock market
    • Forsythe, R., Frank, M., Krishnamurthy, V. and Ross, T. W. (1995). Using Market Prices to Predict Election Results: The 1993 UBC Election Stock Market. The Canadian Journal of Economics 28 (4), 770-793.
    • (1995) The Canadian Journal of Economics , vol.28 , Issue.4 , pp. 770-793
    • Forsythe, R.1    Frank, M.2    Krishnamurthy, V.3    Ross, T.W.4
  • 11
    • 0039573716 scopus 로고    scopus 로고
    • Informed traders and price variations in the betting market for professional basketball games
    • Gandar, J. M., Dare, W. H., Brown, C. R. and Zuber, R. A. (1998). Informed Traders and Price Variations in the Betting Market for Professional Basketball Games. The Journal of Finance, 53 (1), 385-401.
    • (1998) The Journal of Finance , vol.53 , Issue.1 , pp. 385-401
    • Gandar, J.M.1    Dare, W.H.2    Brown, C.R.3    Zuber, R.A.4
  • 12
    • 0345401653 scopus 로고
    • Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
    • Glosten, L. R. and Milgrom, P. R. (1985). Bid, Ask and Transaction Prices in a Specialist Market With Heterogeneously Informed Traders. Journal of Financial Economics, 14 (1), 71-100.
    • (1985) Journal of Financial Economics , vol.14 , Issue.1 , pp. 71-100
    • Glosten, L.R.1    Milgrom, P.R.2
  • 13
    • 0001073135 scopus 로고
    • The use of knowledge in society
    • Hayek, F. A. v. (1945). The Use of Knowledge in Society. American Economic Review, 35 (4), 519-530.
    • (1945) American Economic Review , vol.35 , Issue.4 , pp. 519-530
    • Hayek, F.A.V.1
  • 15
    • 58149191073 scopus 로고    scopus 로고
    • How to pay traders in information markets? Results from a field experiment
    • Luckner, S. and Weinhardt, C. (2007). How to Pay Traders in Information Markets? Results from a Field Experiment. Journal of Prediction Markets, 1 (2), 147-156.
    • (2007) Journal of Prediction Markets , vol.1 , Issue.2 , pp. 147-156
    • Luckner, S.1    Weinhardt, C.2
  • 18
    • 0034375737 scopus 로고    scopus 로고
    • Markets as information gathering tools
    • Plott, C. R. (2000). Markets as Information Gathering Tools. Southern Economic Journal, 67 (1), 1-15.
    • (2000) Southern Economic Journal , vol.67 , Issue.1 , pp. 1-15
    • Plott, C.R.1
  • 19
    • 0000380808 scopus 로고
    • Information, prices and efficiency in a fixed-odds betting market
    • Pope, P. F. and Peel, D. A. (1989). Information, Prices and Efficiency in a Fixed-Odds Betting Market. Economica, 56 (223), 323-341.
    • (1989) Economica , vol.56 , Issue.223 , pp. 323-341
    • Pope, P.F.1    Peel, D.A.2
  • 24
    • 0242456012 scopus 로고    scopus 로고
    • Internet-based virtual stock markets for business forecasting
    • Spann, M. and Skiera, B. (2003). Internet-Based Virtual Stock Markets for Business Forecasting. Management Science, 49 (10), 1310-1326.
    • (2003) Management Science , vol.49 , Issue.10 , pp. 1310-1326
    • Spann, M.1    Skiera, B.2
  • 25
    • 84869409444 scopus 로고    scopus 로고
    • Sports forecasting: A comparison of the forecast accuracy of virtual stock markets
    • Working Paper, University of Passau
    • Spann, M. and Skiera, B. (2007). Sports Forecasting: A Comparison of the Forecast Accuracy of Virtual Stock Markets, Betting Odds and Tipsters. Working Paper, University of Passau.
    • (2007) Betting Odds and Tipsters
    • Spann, M.1    Skiera, B.2
  • 26
    • 77749302482 scopus 로고    scopus 로고
    • Deliberation and information markets
    • (Hahn, W. and Tetlock, P. C., Eds) AEI-Brookings Press, Washington D.C.
    • Sunstein, C. R. (2006). Deliberation and Information Markets. In Information Markets: A New Way of Making Decisions (Hahn, W. and Tetlock, P. C., Eds) AEI-Brookings Press, Washington D.C., 67-100.
    • (2006) Information Markets: A New Way of Making Decisions , pp. 67-100
    • Sunstein, C.R.1
  • 27
    • 84993876577 scopus 로고
    • Market efficiency and the favorite-longshot bias: The baseball betting market
    • Woodland, L. M. and Woodland, B. M. (1994). Market Efficiency and the Favorite-Longshot Bias: The Baseball Betting Market. The Journal of Finance, 49 (1), 269-279.
    • (1994) The Journal of Finance , vol.49 , Issue.1 , pp. 269-279
    • Woodland, L.M.1    Woodland, B.M.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.