Application of the Prediction Market Instruments in Higher Education

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F14%3A43922119" target="_blank" >RIV/49777513:23510/14:43922119 - 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
Application of the Prediction Market Instruments in Higher Education
Original language description
The contribution deals with specific problems of the implementation and operation of a prediction market in the environment of a university institution. It shows a prediction market as a tool of self-fulfilment of students. Unlike a number of similar markets this market can be ranked in experimental markets with specific starting conditions which influence namely the motivation and incentive system of the market. The contribution deals with the settings of this motivation system and, at the same time, it shows some problems connected with the factor of over motivation of the market participants resulting in attempts to manipulate the market. In the next part particular outputs of the experimental prediction market at the University of West Bohemia in Pilsen, Faculty of Economics are shown as they document the students' abilities of self-assessing and predicting the results of the official assessment of their performance.
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 11th International Conference Efficiency and Responsibility in Education 2014
ISBN
978-80-213-2468-8
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
577-586
Publisher name
Česká zemědělská univerzita v Praze
Place of publication
Praha
Event location
Prague
Event date
Jun 5, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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