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Price Distribution

Price distribution over 55 days • 1 price levels

Days at Price

Price Analysis

Most common price: £67 (55 days, 100.0%)

Price range: £67 - £67

Price levels: 1 different prices over 55 days

Description

Information Markets are online based market systems and utilize market mechanisms for the aggregation of information. Market prices can be interpreted to forecast outcomes of future events. Information Markets show impressive prediction accuracy and often outperform other forecasting methods and experts. However, Information Markets still have not become an established part of companies' forecasting strategies. Nevertheless, a promising application in companies is the usage of Information Markets for the assessment of innovations since it efficiently integrates many relevant people into decision making. In this work, experimental evidence for the assessment of innovations in companies is given. Results from a field experiment show that employees accept Enterprise Information Markets as a valuable method for innovation management. In an investigation about trading behavior and activity, it can be shown that permanent liquidity is essential in order to get continuous forecasts. Summarized, this work provides results from two field experiments and shows that Information Markets produce accurate results given an appropriate market design - even in small-size markets.

Product Specifications

Brand: Südwestdeutscher Verlag für Hochschulschriften
Format: paperback
ASIN: 3838123816
Category: Books > Subjects > Business, Finance & Law > Economics
Domain: Amazon UK
Release Date: 04 March 2011
Listed Since: 09 March 2011

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Südwestdeutscher Verlag für Hochschulschriften Innovation Assessment via Information Markets: Experimental Studies of Illiquid Information Markets

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Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

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