Forecasting markets are a promising approach for predicting future events. The basic idea of a forecasting market is to trade virtual stocks whose final value is tied to a particular future event. The market prices can then be interpreted as predictions of the probability of those future events. The results of recent studies on forecasting markets are encouraging. However, various design issues...

The considerable attention that increasing needs to acquire Internet Medical Information (IMI) has received in recent years, there has been little research to systematically investigate the factors influencing users’ intention to adopt the IMI. The authors apply the Heuristic-Systematic Model (HSM) to evaluate how users form the intention to adopt IMI on bulletin boards. An online survey was co...

With the increasing globalization of the business world, international segmentation becomes an ever more important concept in marketing. The globalization forces now at work push many companies to extend or reorganize their marketing strategies across borders and target international segments of consumers. It is the purpose of this paper to review the international market segmentation literatur...

The purpose of this paper is to consider the basic questions relative to the creation and organization of markets for knowledge. The paper is organized as follows. We will first explain what means for us an intuitionalist approach of markets, and the key questions relative to the social construction of markets. On that basis, we will consider the specific problems posed by the creation of marke...

Technical analysis is the art of identifying patterns in historical data with the belief that certain patterns foretell future price movements. An empirical evaluation of the effectiveness of technical analysis is confounded by the subjectivity involved in identifying patterns. This work presents a robust framework for pattern identification using probabilistic neural networks (PNN). The thirty...

In this paper, we consider the social value of signaling by recasting the Spence’s (1973) signaling model in a causal relationship: human capital investment is necessary to reduce the marginal cost of signaling. Our model contains distinct features: (i) the choice of signaling affects the level of human capital investment and (ii) the proportion of high and low type in the entire workers is end...

The main content of this deliverable is the identification and definition of market mechanisms for Application Layer Networks (ALNs). On basis of the structured Market Engineering process, the work comprises the identification of requirements which adequate market mechanisms for ALNs have to fulfill. Subsequently, two mechanisms for each, the centralized and the decentralized case are described...