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Fraud and manipulation in prediction markets are systematic results of incentive incompatibility, which, if present, have to be detected and balanced. ""Manipulations in Prediction Markets"" gives a critical insight into manipulations that are most likely to occur in prediction markets. In a general approach the book discusses the issue of incentives in markets and the breakdown of the incentive system. On this basis a new way of detecting irregular trading behaviour is introduced.
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Keywords
- Anreizsystem
- Electronic commerce
- Incentive Systems
- Manipulation
- manipulations
- Prediction Markets
- Prognoseverfahren
- Social network analysis
- Wisdom of Crowds
Links
DOI: 10.5445/KSP/1000010432Editions