Prediction Markets: The Collective Knowledge of Market Participants
From the 2008 CFA Institute Annual Conference
In this webcast, Justin Wolfers discusses the following:
- How simple markets can aggregate and disperse information into efficient forecasts of uncertain future events
- The track record of market-generated forecasts, and market expectations about probabilities
- What prediction markets tell us about market efficiency
This webcast comprises a 43-minute presentation and a 16-minute question-and-answer session.
Click here to download unedited MP3 (13.7 MB).
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Speaker
Justin Wolfers is an assistant professor of business and public policy at the Wharton School of the University of Pennsylvania. He is also a faculty research fellow at the National Bureau for Economic Research and a visiting scholar at the Federal Reserve Bank of San Francisco. Previously, Professor Wolfers served as an assistant professor at the Stanford Graduate School of Business. He was named a Fulbright Scholar, a fellow at the MacArthur Network on Inequality and Social Interactions, and a doctoral fellow at the Weiner Center for Social Policy. Professor Wolfers is the author of numerous articles that have appeared in academic journals. He received a bachelor’s degree in economics from the University of Sydney and an AM and a PhD in economics from Harvard University.
This information was accurate as of the date of the recording.
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Details
| Length: |
59min |
| Posted: |
5/27/2008 |
| Recorded On: |
5/13/2008 |
| CE Credits: |
1 CE |
| Formats: |
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Price (USD)
| Members: |
FREE |
| CFA Program Candidates: |
$25.00 |
| Standard Rate: |
$35.00 |