All Questions
5 questions
3
votes
1
answer
77
views
Understanding agents selecting among markets
Let's say an entrepreneur can choose between starting a business in a competitive market with zero economic profit, and starting a business in a market that is not perfectly competitive with positive ...
- 31
0
votes
3
answers
118
views
Looking for a term that explains market participants that lie about their participation to gain access to said market
I'm Looking for a term that explains the behavior of a market participants that will lie or exaggerate how much or what they offer in order to gain access to a market that would otherwise be ...
- 61
1
vote
1
answer
465
views
Difference between LMSR and Liquidity-Sensitive LMSR
What is the difference between the LMSR (logarithmic market scoring rule) and the Liquidity-Sensitive LMSR (LS-LMSR) and what would cause prediction markets like Augur to focus on the later model?
- 113
5
votes
1
answer
63
views
Prediction market based on LMSR: Sell, or buy other side?
Consider a prediction market with two outcomes (Yes and No) and a scoring rule based on Hansons’s LMSR, i.e. ln(ea+eb), where a and b are the number of Yes resp. No shares sold.
Assume that I have ...
- 151
1
vote
1
answer
241
views
Will the goods market be in equilbrium along the AD curve?
This is a question which was asked in the entrance to Jawaharlal Nehru University's (New Delhi) entrance for their post-grad program specializing in International Economics in 2014.
Which of the ...
- 88