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...
Veröffentlicht in: | Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 50(2004), 7, Seite 983-994 |
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Format: | Online-Aufsatz |
Sprache: | English |
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2004
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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... |
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