'Info markets' presentation slideshows

An Experimental Test of Combinatorial Information Markets

609 views • 50 slides

Information Markets II: Theory, Outputs, Inputs, Foul Play, Combinatorics, Applications

Information Markets II: Theory, Outputs, Inputs, Foul Play, Combinatorics, Applications. Robin Hanson Economics George Mason University. Theory I - Old. No info - Supply and Demand Assume beliefs not respond to prices Price is weighted average of beliefs More influence: risk takers, rich

164 views • 16 slides

Information Markets II: Theory, Outputs, Inputs, Foul Play, Combinatorics, Applications

Information Markets II: Theory, Outputs, Inputs, Foul Play, Combinatorics, Applications. Robin Hanson Economics George Mason University. Theory I - Old. No info - Supply and Demand Assume beliefs not respond to prices Price is weighted average of beliefs More influence: risk takers, rich

168 views • 16 slides

Market Scoring Rules As Combinatorial Information Market Makers

Market Scoring Rules As Combinatorial Information Market Makers. Robin Hanson Department of Economics George Mason University. Outline: Old Tech Meets New. To gain info, elicit probs p = {p i } i , E p [x |A] Can verify state i later, N/Q = people / question

477 views • 15 slides