User participation in a corporate prediction market

作者:

Highlights:

• Develops theory-based hypothesis generated in open financial markets.

• Investigates patterns of corporate prediction market use over time.

• Isolates particular characteristics of use of a corporate prediction market.

• Compares the behavior of two different groups in a corporate prediction market.

• Finds day of the week, and other market effects.

摘要

Corporate prediction markets allow companies to use external market concepts to facilitate and support corporate decision making. Recently, Google, Microsoft, GE, Best Buy, and other firms have generated and used prediction markets as a means of gathering the “collective” intelligence of their employees. Since these markets capture and aggregate information from employees and ultimately provide information for decision making, some researchers have referred to them as decision support systems or group decision support systems.

论文关键词:Corporate prediction market,Day-of-week effect,User participation,Information asymmetries,Social media

论文评审过程:Received 25 July 2014, Revised 3 June 2015, Accepted 13 July 2015, Available online 30 July 2015, Version of Record 25 August 2015.

论文官网地址:https://doi.org/10.1016/j.dss.2015.07.004