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Are Prediction Markets More Accurate than Simple Surveys?

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  • Andreas Graefe

Abstract

In this new installment of the prediction markets column, Andreas Graefe summarizes the evidence he has uncovered on whether the design and implementation of a prediction market is worth the extra cost and effort involved, compared to a simple survey of the judgment of key individuals. Copyright International Institute of Forecasters, 2010

Suggested Citation

  • Andreas Graefe, 2010. "Are Prediction Markets More Accurate than Simple Surveys?," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 19, pages 39-43, Fall.
    • Handle: RePEc:for:ijafaa:y:2010:i:19:p:39-43
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