A Prediction Market in Education and Market Liquidity

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

A Prediction Market in Education and Market Liquidity

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

A Prediction Market in Education and Market Liquidity

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AM - Pedagogika a školství

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2011

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Recent Researches in Educational Technologies

ISBN

978-1-61804-021-3

ISSN

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e-ISSN

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Počet stran výsledku

5

Strana od-do

32-36

Název nakladatele

WSEAS Press

Místo vydání

Neuveden

Místo konání akce

Corfu Island, Greece

Datum konání akce

14. 7. 2011

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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