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題名 The Wisdom of Crowds in Action: Forecasting Epidemic Diseases with a Web-based Prediction Market System
作者 童振源
Li, Eldon;Tung, Chen-yuan;Chang, Thomas
貢獻者 國發所
關鍵詞 Prediction market system; Logarithmic market scoring rules; Infectious diseases; Epidemic prediction; Real-time update; Web-based system;Wisdom of crowds
日期 2016-08
上傳時間 3-Nov-2016 18:01:50 (UTC+8)
摘要 Background : The quest for an effective system capable of monitoring and predicting the trends of epidemic diseases is a critical issue for communities worldwide. With the prevalence of Internet access, more and more researchers today are using data from both search engines and social media to improve the prediction accuracy. In particular, a prediction market system (PMS) exploits the wisdom of crowds on the Internet to effectively accomplish relatively high accuracy. Objective : This study presents the architecture of a PMS and demonstrates the matching mechanism of logarithmic market scoring rules. The system was implemented to predict infectious diseases in Taiwan with the wisdom of crowds in order to improve the accuracy of epidemic forecasting. Methods : The PMS architecture contains three design components: database clusters, market engine, and Web applications. The system accumulated knowledge from 126 health professionals for 31 weeks to predict five disease indicators: the confirmed cases of dengue fever, the confirmed cases of severe and complicated influenza, the rate of enterovirus infections, the rate of influenza-like illnesses, and the confirmed cases of severe and complicated enterovirus infection. Results : Based on the winning ratio, the PMS predicts the trends of three out of five disease indicators more accurately than does the existing system that uses the five-year average values of historical data for the same weeks. In addition, the PMS with the matching mechanism of logarithmic market scoring rules is easy to understand for health professionals and applicable to predict all the five disease indicators. Conclusions: The PMS architecture of this study affords organizations and individuals to implement it for various purposes in our society. The system can continuously update the data and improve prediction accuracy in monitoring and forecasting the trends of epidemic diseases. Future researchers could replicate and apply the PMS demonstrated in this study to more infectious diseases and wider geographical areas, especially the under-developed countries across Asia and Africa.
關聯 International Journal of Medical Informatics, Vol.92, pp.35-43
資料類型 article
DOI http://dx.doi.org/10.1016/j.ijmedinf.2016.04.014
dc.contributor 國發所
dc.creator (作者) 童振源zh_TW
dc.creator (作者) Li, Eldon;Tung, Chen-yuan;Chang, Thomas
dc.date (日期) 2016-08
dc.date.accessioned 3-Nov-2016 18:01:50 (UTC+8)-
dc.date.available 3-Nov-2016 18:01:50 (UTC+8)-
dc.date.issued (上傳時間) 3-Nov-2016 18:01:50 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/103401-
dc.description.abstract (摘要) Background : The quest for an effective system capable of monitoring and predicting the trends of epidemic diseases is a critical issue for communities worldwide. With the prevalence of Internet access, more and more researchers today are using data from both search engines and social media to improve the prediction accuracy. In particular, a prediction market system (PMS) exploits the wisdom of crowds on the Internet to effectively accomplish relatively high accuracy. Objective : This study presents the architecture of a PMS and demonstrates the matching mechanism of logarithmic market scoring rules. The system was implemented to predict infectious diseases in Taiwan with the wisdom of crowds in order to improve the accuracy of epidemic forecasting. Methods : The PMS architecture contains three design components: database clusters, market engine, and Web applications. The system accumulated knowledge from 126 health professionals for 31 weeks to predict five disease indicators: the confirmed cases of dengue fever, the confirmed cases of severe and complicated influenza, the rate of enterovirus infections, the rate of influenza-like illnesses, and the confirmed cases of severe and complicated enterovirus infection. Results : Based on the winning ratio, the PMS predicts the trends of three out of five disease indicators more accurately than does the existing system that uses the five-year average values of historical data for the same weeks. In addition, the PMS with the matching mechanism of logarithmic market scoring rules is easy to understand for health professionals and applicable to predict all the five disease indicators. Conclusions: The PMS architecture of this study affords organizations and individuals to implement it for various purposes in our society. The system can continuously update the data and improve prediction accuracy in monitoring and forecasting the trends of epidemic diseases. Future researchers could replicate and apply the PMS demonstrated in this study to more infectious diseases and wider geographical areas, especially the under-developed countries across Asia and Africa.
dc.format.extent 1496162 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) International Journal of Medical Informatics, Vol.92, pp.35-43
dc.subject (關鍵詞) Prediction market system; Logarithmic market scoring rules; Infectious diseases; Epidemic prediction; Real-time update; Web-based system;Wisdom of crowds
dc.title (題名) The Wisdom of Crowds in Action: Forecasting Epidemic Diseases with a Web-based Prediction Market System
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.ijmedinf.2016.04.014
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.ijmedinf.2016.04.014