naa a22 4500 510735878 CHVBK 20180411083009.0 cr unu---uuuuu 180411e20130401xx s 000 0 eng 10.1007/s11573-012-0645-1 doi (NATIONALLICENCE)springer-10.1007/s11573-012-0645-1 Corporate prediction markets: a tool for predicting market shares [Elektronische Daten] [Martin Waitz, Andreas Mild] Prediction markets have been applied for various forecasting issues, such as political events or sports. The ability of these markets to collect distributed information in a fast and efficient way provides useful support for corporate planning. A crucial criterion for the quality of the information aggregation process is the liquidity of the market, especially in corporate prediction markets, which typically consist of fewer traders than public markets. The use of automated market makers is one option with which to ensure enough liquidity, but it is always related to some drawbacks. This paper investigates a field study of a corporate prediction market that replaces the automated market maker with human traders. We analyze the efficiency of such markets, the impact of the applied incentive system and the effects of human market makers. Springer-Verlag Berlin Heidelberg, 2013 Corporate planning nationallicence Prediction market nationallicence Information market nationallicence Market design nationallicence Waitz Martin Department of Information Systems and Operations, Institute for Production Management, WU Vienna University of Economics and Business, Nordbergstrasse 15, 1090, Vienna, Austria aut Mild Andreas Department of Information Systems and Operations, Institute for Production Management, WU Vienna University of Economics and Business, Nordbergstrasse 15, 1090, Vienna, Austria aut Journal of Business Economics Springer-Verlag 83/3(2013-04-01), 193-212 0044-2372 83:3<193 2013 83 11573 https://doi.org/10.1007/s11573-012-0645-1 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11573-012-0645-1 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Waitz Martin Department of Information Systems and Operations, Institute for Production Management, WU Vienna University of Economics and Business, Nordbergstrasse 15, 1090, Vienna, Austria aut NATIONALLICENCE 700 1- Mild Andreas Department of Information Systems and Operations, Institute for Production Management, WU Vienna University of Economics and Business, Nordbergstrasse 15, 1090, Vienna, Austria aut NATIONALLICENCE 773 0- Journal of Business Economics Springer-Verlag 83/3(2013-04-01), 193-212 0044-2372 83:3<193 2013 83 11573 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer