Wisdom Of The Crowd In Experiments

November 14, 2018|
Wisdom Of The Crowd In Experiments by Larissa Katharina Senninger
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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.
Larissa Katharina Senninger holds a master''s degree from the Leopold-Franzens-University in Innsbruck. She started her professional career in the risk controlling department of a German finance service in Munich and is currently responsible for interest rate risk and liquidity risk.
Title:Wisdom Of The Crowd In Experiments
Product dimensions:100 pages, 8.27 X 5.83 X 0 in
Shipping dimensions:100 pages, 8.27 X 5.83 X 0 in
Published:November 14, 2018
Publisher:Springer Nature
Appropriate for ages:All ages
ISBN - 13:9783658242930

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