Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2004. / Includes bibliographical references (p. 47-48). / According to financial theory, open markets efficiently and effectively aggregate all available information about future events into their prices. Recent empirical evidence has shown that speculative markets, from gambling to web-games, are better at predicting the future than more commonly used statistical or survey-based forecasting methods. As a result, a number of companies have conducted experiments to evaluate the use of prediction markets as an alternative forecasting methodology. This paper offers a comprehensive framework for determining when and how prediction markets should be employed in a business context. / by Jared M. Schrieber. / M.Eng.in Logistics
| Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/28514 |
| Date | January 2004 |
| Creators | Schrieber, Jared M. (Jared Martin), 1976- |
| Contributors | Abbott Weiss., Massachusetts Institute of Technology. Engineering Systems Division., Massachusetts Institute of Technology. Engineering Systems Division. |
| Publisher | Massachusetts Institute of Technology |
| Source Sets | M.I.T. Theses and Dissertation |
| Language | en_US |
| Detected Language | English |
| Type | Thesis |
| Format | 48 p., 3351314 bytes, 3354881 bytes, application/pdf, application/pdf, application/pdf |
| Rights | M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission., http://dspace.mit.edu/handle/1721.1/7582 |
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