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  • Yiling Chen


Market Manipulation with Outside Incentives. Yiling Chen, March 1, 2014, Paper. "Much evidence has shown that prediction markets can effectively aggregate dispersed information about uncertain future events and produce remarkably accurate forecasts. However, if the market prediction will be used for decision making, a strategic participant with a vested interest in the decision outcome may manipulate the market prediction to influence the resulting decision. The presence of such incentives outside of the market would seem to damage the market’s ability to aggregate information because..." Link Verified October 11, 2014