Interpreting Prediction Markets: A Stochastic Approach

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Frongillo, Rafael M
Della Penna, Nicolas
Reid, Mark

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Neural Information Processing Systems Foundation

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We strengthen recent connections between prediction markets and learning by showing that a natural class of market makers can be understood as performing stochastic mirror descent when trader demands are sequentially drawn from a fixed distribution. This

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NEURAL INFORMATION PROCESSING SYSTEMS. Advances in Neural Information Processing Systems 25: 26th Annual Conference on Neural Information Processing Systems 2012

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2037-12-31