TY  - RPRT
        AU  - Wolfers, Justin
AU  - Zitzewitz, Eric
        TI  - Five Open Questions About Prediction Markets
        PY  - 2006/Feb/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1975
        UR  - https://www.iza.org/index.php/publications/dp1975
        AB  - Interest in prediction markets has increased in the last decade, driven in part by the hope that these markets will prove to be valuable tools in forecasting, decision-making and risk management – in both the public and private sectors. This paper outlines five open questions in the literature, and we argue that resolving these questions is crucial to determining whether current optimism about prediction markets will be realized.
        KW  - prediction markets
KW  - information markets
KW  - event futures
KW  - political forecasting
KW  - prediction IVs
        ER  -