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The "CAPS" Prediction System and Stock Market Returns
(John F. Kennedy School of Government, Harvard University, 2011)
We study the predictive power of approximately 2.5 million stock picks submitted by individual users to the “CAPS” website run by the Motley Fool company (www.caps.fool.com). These picks prove to be surprisingly informative ...
The Online Laboratory: Conducting Experiments in a Real Labor Market
(John F. Kennedy School of Government, Harvard University, 2010)
Online labor markets have great potential as platforms for conducting experiments, as they provide immediate access to a large and diverse subject pool and allow researchers to conduct randomized controlled trials. We argue ...