Does money matter in predicting future events?

Does money matter in predicting future events?

Author: Sebastian Diemer

Publisher: Anchor Academic Publishing (aap_verlag)

ISBN: 9783954896325

Category: Business & Economics

Page: 49

View: 127

Prediction markets are online trading platforms where contracts on future events are traded with payoffs being exclusively linked to event occurrence. Scientific research has shown that market prices of such contracts imply high forecasting accuracy through effective information aggregation of dispersed knowledge. This phenomenon is related to incentives for truthful aggregation in the form of real-money or play-money rewards. The question whether real- or play-money incentives enhance higher relative forecast accuracy has been addressed by previous works with diverse findings. The current state of empirical research in his field is subject to two inherent deficiencies. First, inter-market studies suffer from market disparities and differences in the definition of underlying events. Comparisons between two different platforms (one for play-money contracts, one for real-money contracts) are potentially biased by different trading behaviour. Second, the majority of studies are based upon identical datasets of market platforms (IOWA stock exchange, Tradesports/Intrade, NewsFutures).

Secrets of the Moneylab

Secrets of the Moneylab

Author: Kay-Yut Chen

Publisher: Penguin

ISBN: 9781101444245

Category: Business & Economics

Page: 256

View: 846

Taking the findings of behavioral economics from the cocktail party to the boardroom. Experimental economist Kay-Yut Chen leads an economics lab at Hewlett- Packard-the first of its kind at any company. His groundbreaking research into human behavior has turned into tangible results for HP. He has saved the company millions of dollars, simply by explaining why people really do the things they do. MoneyLab offers practical lessons being put to use right now at HP and other leading companies. It explains, for instance, how to: ? Use incentives to influence employees, suppliers, and buyers ? Determine whom to trust, and how much ? Reduce the negative effects of irrational behavior by noticing patterns that don't seem logical ? Take advantage of the human tendency to game the system In the spirit of Predictably Irrational, but with a more practical approach, Chen shows how to translate the findings of behavioral economics into concrete actions to achieve new levels of success.

Texas Hold 'em Fish 'n' Chips

Texas Hold 'em Fish 'n' Chips

Author: Jim Hodges

Publisher: Trafford Publishing

ISBN: 9781466957138

Category: Games

Page: 244

View: 245

Texas Hold 'em, Fish 'n' Chips was written by a teacher and amateur poker player, specifically for beginners. More than an introduction to Texas Hold 'em, Fish 'n' Chips takes the guess work out of where to start and what to learn in order to lift your Texas Hold 'em no limit poker game to a new and exciting level. Texas Hold 'em poker offers players the chance to experience the world's most popular card game. A relatively easy game to learn, mastery however can become a lifetime pursuit. It is considered by many to be the ultimate poker experience combining adrenaline charged action, strategy, excitement, patience and pure thrills.

The Everything Online Poker Book

The Everything Online Poker Book

Author: Helene M Silverstein

Publisher: Simon and Schuster

ISBN: 9781605502878

Category: Games & Activities

Page: 288

View: 807

Whether you're a beginner or an intermediate player who wants to move from live games to playing online, The Everything Online Poker Book is your user-friendly guide to the fundamentals of the game, along with tips and techniques that are specific to online play This insider's guide offers step-by-step instructions and real-world tips on: - Setting up an account and making secure bets; - Finding the right site, joining a table, and navigating an online game; - Online poker etiquette; - Figuring out the stakes and other player expenses; - Avoiding cheaters; - Finding poker resources on the Internet. The popularity of online poker is exploding, with some 2 million people playing on more than 300 sites every day! Whether you're a risk-taker or a more conservative player, The Everything Online Poker Book gives you everything you need to devise a winning strategy and cash in on the online action!

The Prosperity Secret of the Ages

The Prosperity Secret of the Ages

Author: Catherine Ponder

Publisher: Lulu.com

ISBN: 9781365200335

Category: Religion

Page: 192

View: 512

You Can Have Everything! You can have everything if you know the power that is within you and then dare to use it! You have always used this power in some degree-often for failure. Now you can begin deliberately to release it for success; that is, for experiencing greater results of health, happiness and prosperity in your world. Your success power is released through your mental attitudes and your emotional reactions toward life. What you think, that you become. Think straight and life becomes straight for you. It's as simple as that. Along with using success attitudes for your own increased health, wealth and happiness, it is good to know that your success attitudes can and do help others. The specific success attitudes used by all these people and many more will be shared with you in the pages of this book. Get Your Copy Now.

Boys' Life

Boys' Life

Author:

Publisher:

ISBN:

Category:

Page: 81

View: 779

Boys' Life is the official youth magazine for the Boy Scouts of America. Published since 1911, it contains a proven mix of news, nature, sports, history, fiction, science, comics, and Scouting.

I Want to Make Money in the Stock Market

I Want to Make Money in the Stock Market

Author: Chris M. Hart

Publisher: OutskirtsPress.com

ISBN: 9781598002065

Category: Business & Economics

Page: 178

View: 800

The simple, effective techniques in this step-by-step book will teach readers how to protect their investments and understand exactly what the risks are and how to minimize them.

Hands-on Math (Second Edition), Gr. K-1, eBook

Hands-on Math (Second Edition), Gr. K-1, eBook

Author: Hank Garcia

Publisher: Creative Teaching Press

ISBN: 9781591988199

Category: Education

Page: 144

View: 124

There are over 200 engaging activities to reinforce important math skills. The activities are divided into five main sections based on NCTM national math standards: Number & Operations, Algebra, Geometry, Measurement, and Data Analysis and Probability. You'll also find bulletin board ideas and ideas for learning centers.

Wildcat Currency

Wildcat Currency

Author: Edward Castronova

Publisher: Yale University Press

ISBN: 9780300187410

Category: Business & Economics

Page: 320

View: 592

Private currencies have always existed, from notes printed by individual banks to the S&H Green Stamps that consumers once redeemed for household items. Today’s economy has seen an explosion of new forms of monetary exchange not created by the federal government. Credit card companies offer points that can be traded in for a variety of goods and services, from airline miles to online store credit. Online game creators have devised new mediums of electronic exchange that turn virtual money into real money. Meanwhile, real money is increasingly going digital, where it competes with private currencies like Bitcoin. The virtual and the real economic worlds are intermingling more than ever before, raising the possibility that this new money might eventually replace the government-run system of dollars, euros, and yen. Edward Castronova is the leading researcher in this field, a founder of scholarly online game studies and an expert on the economies of virtual worlds. In this dynamic and essential work, he explores the current phenomenon of virtual currencies and what it will mean legally, politically, and economically in the future. In doing so, he provides a fascinating, often surprising discourse on the meaning of money itself—what it is, what we think it is, and how we relate to it on an emotional level.