Axelrod, Boris S.; Kulick, Ben J.; Plott, Charles R.; … - In: Journal of Economic Behavior & Organization 69 (2009) 2, pp. 170-181
Information aggregation mechanisms (IAMs) based on parimutuel-type betting systems can aggregate information from complex environments. However, the performance of previously studied systems is imperfect due to possible bluffing, strategic timing of decisions, and "long-shot bias". This paper...