An experimental analysis of information acquisition in prediction markets

DOI10.1016/J.GEB.2015.11.002MaRDI QIDQ523034zbMATH OpenOpenAlexFDO

Authors Lionel Page, Christoph Siemroth

Publication date 20 April 2017

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://eprints.qut.edu.au/91111/1/91111.pdf

zbMATH Keywords

asymmetric informationinformation acquisitionprediction marketsexperimental asset markets

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Experimental studies (91A90) Economics of information (91B44)

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Cites work

• Boys will be boys: Gender, overconfidence, and common stock investment
• Experimental comparison of multi-stage and one-stage contests
• Information, trade and common knowledge
• Market for Information: Experimental Evidence
• No trade
• No-trade in the laboratory
• Prediction markets: alternative mechanisms for complex environments with few traders
• Strategy and dynamics in contests

Cited in

(5)

• Does free information provision crowd out costly information acquisition? It's a matter of timing
• Information acquisition and expected returns: evidence from EDGAR search traffic
• Prediction markets: alternative mechanisms for complex environments with few traders
• PREDICTING UNCERTAIN OUTCOMES USING INFORMATION MARKETS: TRADER BEHAVIOR AND INFORMATION AGGREGATION
• Information acquisition and provision in school choice: an experimental study

Describes a project that uses

Uses Software

• Z-Tree

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