Manipulations in Prediction Markets : Analysis of Trading Behaviour not Conforming with Trading Regulations
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 m...
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| Format: | Book Chapter |
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KIT Scientific Publishing
2009
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| Online Access: | Get Fullteks DOAB: description of the publication |
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| Summary: | 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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| Physical Description: | 1 electronic resource (VII, 164 p. p.) |
| ISBN: | KSP/1000010432 9783866443440 |
| Access: | Open Access |