Prediction Markets as an Example of Crowdsourcing
DOI:
https://doi.org/10.12775/AUNC_ECON.2014.013Keywords
crowdsourcing, prediction marketsAbstract
The aim of of this article is present the idea of crowdsourcing by defining this phenomenon and to provide basic typology of crowdsourcing. In the next step, the author presents in detail the prediction markets, which are a practical example of the implementation of the idea of crowdsourcing. The article is descriptive and systematizing knowledge of the prediction markets.
References
Bayes M., Price M. (1763), An Essay towards Solving a Problem in the Doctrine of Chances. By the Late Rev. Mr. Bayes, F. R. S. Communicated by Mr. Price, in a Letter to John Canton, Philosophical Transaction, 53, 370–418.
Brabham D. (2012), Crowdsourcing: A Model for Leveraging Online Communities, [w:] Delwiche A., Henderson J. (red.), The Participatory Cultures Handbook, New York.
Danielson M. (2010), Prediction Markets, http://www.slideserve.com/dewey/prediction-markets (09.03.2015).
Galton F. (1907), Vox Populi, “Nature”, 450, DOI: http://dx.doi.org/10.1038/075450a0.
Geifman D., Raban D. i S. Rafaeli (2011), P – MART: Towards a classification of online pre-diction market, http://firstmonday.org/ojs/index.php/fm/article/view/3203/3019 (03.06.2014).
Hanson R. (2003), Combinatorial Information Market Design, „Information Systems Fron-tiers”, 5, 107–119.
Hayek F. A. (1945), The use of knowledge in society, „The American Economic Review”, 35, 519–530.
Ho T., Chen K. (2007), New Product Blockbusters: The Magic and Science of Prediction Markets, http://faculty.haas.berkeley.edu/hoteck/papers/cmr.pdf (09.03.2015).
Howe J. (2006), The Rise of Crowdsourcing, http://www.disco.ethz.ch/lectures/fs10/seminar/paper/michael-8.pdf (09.03.2015).
Jung B. (1997), Kapitalizm postmodernistyczny, „Ekonomista”, 5–6, 715–735.
Kiviat B. (2004), The end of management?, http://content.time.com/time/magazine/article/0,9171,660965,00.html (07.09.2014).
Kowalska M. (2012), Wykorzystywanie mądrości tłumu w działalności bibliotek, „Toruńskie Studia Bibliologiczne”, 2(9), 99–112.
Manski C. F. (2004), Interpreting the Predictions of Prediction Markets, http://www.aeaweb.org/assa/2006/0106_1015_0703.pdf (05.09.2012).
Mazur K. (2011), Podejmowanie decyzji w warunkach ryzyka – badanie zachowań graczy na rynkach predykcyjnych, http://www.academia.edu/1565589/Podejmowanie_decyzji_w_warunkach_ryzyka-badanie_zachowa%C5%84_graczy_na_rynkach_predykcyjnych (07.09.2013).
Rhode P. W., Strumpf K. (2008), Historical Political Futures Markets: An International Per-spective, Working Paper 14377, NBER Working Paper Series, Cambridge.
Slamka Ch., Jank W. i B. Skiera (2012), Second-Generation Prediction Markets for Information Aggregation: A Comparison of Payoff Mechanism, „Journal of Forecasting”, 31, 469–489.
Surowiecki J. (2010), Mądrość tłumu. Większość ma rację w ekonomii, biznesie i polityce, Wydawnictwo HELION, Gliwice.
Tziralis G., Tatsiopoulos I. (2007), Prediction Markets: An Extended Literature Review, „Journal of Prediction Markets”, 1, 75–91.
Wolfers J., Zitzewitz E. (2004), Prediction markets, „Journal of Economic Perspectives”, 18, 107–126.
Wolfers J., Zitzewitz E. (2005), Five Open Questions About Prediction Markets, http://www.dartmouth.edu/~ericz/FiveQuestions.pdf (05.09.2012).
Downloads
Published
How to Cite
Issue
Section
License
Autorzy, których teksty zostaną przyjęte do publikacji, po uzyskaniu pozytywnych recenzji wydawniczych oraz zaakceptowaniu do publikacji przez Komitet Redakcyjny, podpisują umowę licencyjną.
Stats
Number of views and downloads: 701
Number of citations: 0