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[ FreeCourseWeb ] Wisdom of the Crowd in Experiments

Torrent: [ FreeCourseWeb ] Wisdom of the Crowd in Experiments
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[ FreeCourseWeb.com ] Wisdom of the Crowd in Experiments

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English | ISBN: 3658242930 | 2018 | 112 pages | PDF | 3 MB
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.

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Downloads: 62
Category: Other/E-Books
Size: 2.2 MB
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Added: 2019-06-17 01:08:59
Language: English
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Release name: [ FreeCourseWeb ] Wisdom of the Crowd in Experiments
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