Prediction Markets: Theory and Applications

In this thesis I offer new results on how we can acquire, reward, and use accurate predictions of future events. Some of these results are entirely theoretical, improving our understanding of strictly proper scoring rules (Chapter 3), and expanding strict properness to include cost functions (Chapte...

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Bibliographic Details
Main Author: Ruberry, Michael Edward
Other Authors: Chen, Yiling
Language:en_US
Published: Harvard University 2013
Subjects:
Online Access:http://dissertations.umi.com/gsas.harvard:11174
http://nrs.harvard.edu/urn-3:HUL.InstRepos:11181140