Internet-Based Virtual Stock Markets for Business Forecasting

@article{Spann2003InternetBasedVS,
  title={Internet-Based Virtual Stock Markets for Business Forecasting},
  author={Martin Spann and Bernd Skiera},
  journal={Management Science},
  year={2003},
  volume={49},
  pages={1310-1326}
}
The application of Internet-based virtual stock markets (VSMs) is an additional approach that can be used to predict shortand medium-term market developments. The basic concept involves bringing a group of participants together via the Internet and allowing them to trade shares of virtual stocks. These stocks represent a bet on the outcome of future market situations, and their value depends on the realization of these market situations. In this process, a VSM elicits and aggregates the… CONTINUE READING
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