Review of prediction market research : Guidelines for information systems research

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)Not applicablepeer-review

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Detail(s)

Original languageEnglish
Title of host publicationPACIS 2008 - 12th Pacific Asia Conference on Information Systems: Leveraging ICT for Resilient Organizations and Sustainable Growth in the Asia Pacific Region
StatePublished - 2008

Conference

Title12th Pacific Asia Conference on Information Systems: Leveraging ICT for Resilient Organizations and Sustainable Growth in the Asia Pacific Region, PACIS 2008
PlaceChina
CitySuzhou
Period3 - 7 July 2008

Abstract

This paper presents an analysis of prediction market (PM) research relevant to information systems. Prediction markets are (online) markets are usually not traded on existing exchanges but on future events. As an emerging research area, prediction markets have received considerable attention from several disciplines, including economics, politics, marketing, computer science, electronic commerce and etc. In information systems research, however, they have been largely ignored. This study reviewed 93 academic articles concerning prediction markets. The analysis reveals that an increasing volume of PM research has been conducted, and that research themes of these studies can be categorized into three groups, namely general introduction, theoretical work, and PM applications. Building upon this work, we argue for the importance of future prediction market research and suggest potential research targets for IS researchers.

Research Area(s)

  • Collective intelligence, Information systems, Prediction market, Synthesis view

Citation Format(s)

Review of prediction market research : Guidelines for information systems research. / Zhao, Sesia J.; Wagner, Christian; Huaping, Chen.

PACIS 2008 - 12th Pacific Asia Conference on Information Systems: Leveraging ICT for Resilient Organizations and Sustainable Growth in the Asia Pacific Region. 2008.

Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45)32_Refereed conference paper (with ISBN/ISSN)Not applicablepeer-review