The Power of Prediction Markets
From the Efficient Market and Behavioral Finance Conference
For an updated version of this webcast, click here.
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 and the collective knowledge of market participants
This webcast contains two sessions: 32-minute presentation and 20-minute Question and Answer session.
Speaker
Justin Wolfers is an assistant professor of business and public policy at the Wharton School at 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 is accurate as of the date of recording.
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Topics
- Portfolio Management
- Behavioral Finance
Details
| Length: |
52min |
| Posted: |
10/5/2007 |
| Recorded On: |
6/6/2007 |
| CE Credits: |
1 CE |
| Formats: |
|
Price (USD)
| Members: |
FREE |
| CFA Program Candidates: |
FREE |
| Standard Rate: |
FREE |