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Využití experimentálních trhů pro predikce
JEL classification:
C9, D8, G14
Keywords:
experimental economics, experimental political markets, predictions
Abstract
According to the efficient market theory, a stock’s price on an effective market is the best measure
of the stock’s current value. This is the basic assumption of prediction making according to experimental
markets. The authors present descriptions of the first experimental market organised in the
Czech Republic and an experimental political market for the parliamentary elections held in the Czech
Republic in June 2002.