We have tens of thousands of books in stock.

Bookbot
The book is currently out of stock

Wisdom of the crowd in experiments

Authors

More about the book

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.

Parameters

ISBN
9783658242930

Categories

Book variant

2018

Book purchase

The book is currently out of stock.