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Titlebook: Wisdom of the Crowd in Experiments; Larissa Katharina Senninger Book 2018 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2018

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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Titlebook: Wisdom of the Crowd in Experiments;  Larissa Katharina Senninger Book 2018 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2018
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
doihttps://doi.org/10.1007/978-3-658-24294-7
isbn_softcover978-3-658-24293-0
isbn_ebook978-3-658-24294-7Series ISSN 2625-3577 Series E-ISSN 2625-3615
issn_series 2625-3577
copyrightSpringer Fachmedien Wiesbaden GmbH, part of Springer Nature 2018
The information of publication is updating

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Book 2018ctations, 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.
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