A Prediction Market in Education and Market Liquidity

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F11%3A43899347" target="_blank" >RIV/49777513:23510/11:43899347 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
A Prediction Market in Education and Market Liquidity
Original language description
In the paper the use of prediction market is presented. The FreeMarket (FM) runs in the Faculty of Economics since autumn 2007 as the part of the courses of financial engineering. The quality of prediction estimates depends on the amount of the market participants and their trade activity. The paper introduces some methods to increase activity of students. First of all the results of market trades are supplement to final students' evaluation in these courses in the form of points that are added to totalscore of every student. In reality the FreeMarket credits (money), that student earns on the market, are transferred to points according to the declared rate. The interconnection between FM and LMS Moodle is described together with description of automatic and periodic transfer process. One of the next incentives is inflation. The way of inflation calculation is presented and its influence to the increased volume trades is explained. Finally the main characteristic i.e index of market i
Czech name
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Czech description
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Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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