Wisdom of the Crowd in Experiments

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Éditeur :

Springer Gabler


Collection :

BestMasters

Paru le : 2018-11-03

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Description
Larissa Katharina Senninger analyses the phenomenon of wisdom of the crowd in experimental capital markets. Aiming to find out which market mechanism is able to aggregate different information in a meaningful way, a continuous double auction and a call auction mechanism are tested. In line with expectations, markets with continuous double auction mechanism are better able to aggregate information and additionally take a shorter time. The author shows that receiving more information enables subjects to make better estimations, whereas more information improves the quality of estimations significantly only if it is a lot more information.
Pages
100 pages
Collection
BestMasters
Parution
2018-11-03
Marque
Springer Gabler
EAN papier
9783658242930
EAN PDF
9783658242947

Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
10
Taille du fichier
2652 Ko
Prix
52,74 €