Eliminating Public Knowledge Biases in Information-Aggregation Mechanisms

We present a novel methodology for identifying public knowledge and eliminating the biases it creates when aggregating information in small group settings. A two-stage mechanism consisting of an information market and a coordination game is used to reveal and adjust for individuals' public info...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 50(2004), 7, Seite 983-994
1. Verfasser: Chen, Kay-Yut (VerfasserIn)
Weitere Verfasser: Fine, Leslie R., Huberman, Bernardo A.
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2004
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Game theory Experimental economics Information aggregation Markets Scoring rules Forecasting Information science Philosophy Behavioral sciences Economics mehr... Mathematics Business