Manipulations in Prediction Markets: Analysis of Trading Behaviour Not Conforming with Trading Regulations

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KIT Scientific Publishing, 2009 - Business - 164 pages
Fraud and manipulation in prediction markets are systematic results of incentive incompatibility, which, if present, have to be detected and balanced. ""Manipulations in Prediction Markets"" gives a critical insight into manipulations that are most likely to occur in prediction markets. In a general approach the book discusses the issue of incentives in markets and the breakdown of the incentive system. On this basis a new way of detecting irregular trading behaviour is introduced.
 

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