Manipulations in Prediction Markets

Know about the book -

Manipulations in Prediction Markets is written by Jan Schröder and published by KIT Scientific Publishing. It's available with International Standard Book Number or ISBN identification 3866443447 (ISBN 10) and 9783866443440 (ISBN 13).

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.