Spletni zajem napovedne moči trgov

Abstract

Keywords

Data

Language:	Slovenian
Year of publishing:	2011
Typology:	2.11 - Undergraduate Thesis
Organization:	UL FRI - Faculty of Computer and Information Science
Publisher:	[N. Ločniškar]
UDC:	004(043.2)
COBISS:	8484436
Views:	47
Downloads:	3
Average score:	0 (0 votes)
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Secondary language:	English
Secondary title:	Web site for prediction markets
Secondary abstract:	The goal of this work is to create a web based application for prediction of future events outcomes using prediction markets. We first analyze prediction markets, their purpose and their functioning. We present the wisdom of the crowds concept and its role in the application itself. We describe the software tools used in the development process, the architectural design of the solution and the implementation of prediction markets as part of a web application. The focus is on three types of prediction markets: mutual betting market, supply and demand market and liquid market with the use of LMSR. The life cycle of an event is presented, from its creation, prediction of possible outcomes, and its termination. Prediction markets are capable of producing accurate predictions, which can be as accurate and sometimes more accurate than classical surveys. Their use in a web application therefore encourages academical and commercial use.
Secondary keywords:	prediction markets;wisdom of the crowds;web application development;mutual betting marketing;LMSR algorithm;supply and demand market;computer science;computer and information science;diploma;
File type:	application/pdf
Type (COBISS):	Bachelor thesis/paper
Thesis comment:	Univ. v Ljubljani, Fak. za računalništvo in informatiko
Pages:	[37] f.
ID:	23984483