Bluffing Could Be Common In Prediction Markets, Study Shows

Tuesday, July 15, 2008 - 19:21 in Mathematics & Economics

A new mathematical model suggests that bluffing in prediction markets is a profitable strategy more often than previously thought. The analysis calls into question the incentives such markets create for revealing information and making accurate predictions. The researchers also pose a tactic to discourage bluffing.

Read the whole article on Science Daily

More from Science Daily

Latest Science Newsletter

Get the latest and most popular science news articles of the week in your Inbox! It's free!

Check out our next project, Biology.Net