书目名称 | Wisdom of the Crowd in Experiments |
编辑 | Larissa Katharina Senninger |
视频video | |
概述 | Publication in the field of economic sciences.New articles in social sciences.With examples of the practice |
丛书名称 | BestMasters |
图书封面 |  |
描述 | 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. |
出版日期 | Book 2018 |
关键词 | Wisdom of the Crowd; Experiments; Market Mechanisms; Information Allocation; Capital Markets; Finance; Ban |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-658-24294-7 |
isbn_softcover | 978-3-658-24293-0 |
isbn_ebook | 978-3-658-24294-7Series ISSN 2625-3577 Series E-ISSN 2625-3615 |
issn_series | 2625-3577 |
copyright | Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2018 |