The design of improved parimutuel-type information aggregation mechanisms: Inaccuracies and the long-shot bias as disequilibrium phenomena

Author:

Axelrod Boris S.,Kulick Ben J.,Plott Charles R.,Roust Kevin A.

Publisher

Elsevier BV

Subject

Organizational Behavior and Human Resource Management,Economics and Econometrics

Reference15 articles.

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4. Chen, K.Y., Plott, C.R., 2002. Information aggregation mechanisms: concept, design and implementation for a sales forecasting problem. Social Science Working Paper 1131, California Institute of Technology.

5. Conservatism in Human Information Processing; Formal Representation of Human Judgment;Edwards,1968

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