Publication:

Designing Markets For Prediction

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2010

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Association for the Advancement of Artificial Intelligence
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Chen, Yiling and David M. Pennock. 2010. Designing markets for prediction. AI Magazine 31(4): 42-52.

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We survey the literature on prediction mechanisms, including prediction markets and peer prediction systems. We pay particular attention to the design process, highlighting the objectives and properties that are important in the design of good prediction mechanisms.

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Designing Markets For Prediction… : DASH Story 2016-02-26
Thanks for making this article open access. This paper by Chen and Pennock is an assigned reading for the CS 410/510 Markets and the Internet course I teach at Portland State University. It provides a great overview on the design considerations for prediction markets.