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Foundations of Prediction Markets

- Modeling, Simulation, and Empirical Evidence

About Foundations of Prediction Markets

Agent-based simulation of the prediction market augmented with these four elements enables an examination of the effects of these elements on the prediction market from the computational aspect and hence tests the Hayek hypothesis on the basis of diverse institutional and individual characteristics.

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  • Language:
  • English
  • ISBN:
  • 9784431552291
  • Binding:
  • Hardback
  • Pages:
  • 500
  • Published:
  • August 11, 2025
  • Edition:
  • 12024
  • Dimensions:
  • 155x235x0 mm.
Delivery: 10-20 businessdays after publication
Expected delivery: September 3, 2025
  • The book is available for pre-order 3 months before the publication date

Description of Foundations of Prediction Markets

Agent-based simulation of the prediction market augmented with these four elements enables an examination of the effects of these elements on the prediction market from the computational aspect and hence tests the Hayek hypothesis on the basis of diverse institutional and individual characteristics.

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