EconPapers    
Economics at your fingertips  
 

Five Open Questions About Prediction Markets

Justin Wolfers () and Eric Zitzewitz ()

No 12060, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: C9 D7 D8 G1 M2 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fmk and nep-rmg
Date: 2006-02
Note: AP EFG
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (10) Track citations by RSS feed

Published as Hahn, Robert and Paul Tetlock (eds.) Information Markets: A New Way of Making Decisions in the Public and Private Sectors. Washington DC: AEI-Brookings Press, 2006.

Downloads: (external link)
http://www.nber.org/papers/w12060.pdf (application/pdf)

Related works:
Working Paper: Five Open Questions About Prediction Markets (2006) Downloads
Working Paper: Five open questions about prediction markets (2006) Downloads
Working Paper: Five Open Questions About Prediction Markets (2006) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:12060

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w12060

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2018-06-20
Handle: RePEc:nbr:nberwo:12060