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Applications of Prediction Markets

  • Stefan Luckner
  • Jan Schröder
  • Christian Slamka
  • Markus Franke
  • Andreas Geyer-Schulz
  • Bernd Skiera
  • Martin Spann
  • Christof Weinhardt

Abstract

This chapter presents previous fields of application of prediction markets. Subsequently, we discuss several field experiments in more detail. We start with a description of the 2006 FIFA World Cup prediction market called STOCCER. Moreover, we also present the political stock market PSM and the Australian Knowledge eXchange AKX. At the end of the chapter we give an outlook on how prediction markets can be used to generate and evaluate innovative products and services.

Keywords

Service Innovation Market Maker Arbitrage Opportunity Prediction Market Trading Price 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Gabler Verlag | Springer Fachmedien Wiesbaden GmbH 2012

Authors and Affiliations

  • Stefan Luckner
  • Jan Schröder
  • Christian Slamka
  • Markus Franke
  • Andreas Geyer-Schulz
  • Bernd Skiera
  • Martin Spann
  • Christof Weinhardt

There are no affiliations available

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