Recent years have seen extensive investigation of the information aggregation properties of prediction markets. However, relatively little is known about conditions under which a ...
Krishnamurthy Iyer, Ramesh Johari, Ciamac Cyrus Mo...
We study the emergence of cooperation in dynamic, anonymous social networks, such as in online communities. We examine prisoner’s dilemma played under a social matching protocol...
Citing recent successes in forecasting elections, movies, products, and other outcomes, prediction market advocates call for widespread use of market-based methods for government ...
Sharad Goel, Daniel M. Reeves, Duncan J. Watts, Da...
“North” ads, or sponsored listings appearing just above the organic search results, generate the majority of clicks and revenues for search engines. In this paper, we ask whet...
Current automated market makers over binary events suffer from two problems that make them impractical. First, they are unable to adapt to liquidity, so trades cause prices to mo...
Abraham Othman, Tuomas Sandholm, David M. Pennock,...