Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Information Agrregation Mechanisms: Concept, Design and Implementation for a Sales Forecasting Problem

Abstract

Information Aggregation Mechanisms are economics mechanisms designed explicitly for the purpose of collecting and aggregating information. The modern theory of rational expectations, together with the techniques and results of experimental economics, suggest that a set of properly designed markets can be a good information aggregation mechanism. The paper… (More)

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@inproceedings{Plott2002DivisionOT, title={Division of the Humanities and Social Sciences California Institute of Technology Pasadena, California 91125 Information Agrregation Mechanisms: Concept, Design and Implementation for a Sales Forecasting Problem}, author={Charles R. Plott and Kay-Yut Chen}, year={2002} }