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題名 Prediction of Bird Flu A(H5N1) Outbreaks in Taiwan by Online Auction: Experimental Results
作者 Chen,Shu-Heng;Wang,Sun-Chong ;Tseng,Jie-Jun ;Li,Sai-Ping
關鍵詞 avian influenza;futures exchange;market
日期 2006
上傳時間 9-Jan-2009 12:18:52 (UTC+8)
摘要 The ability of accurate epidemic prediction facilitates early preparation for the disease and minimizes losses due to any strikes. We devised a platform on the Web for users to exchange their information / opinion on possible avian flu outbreaks in Taiwan. The likelihood of the first human infection of bird flu in Taiwan in, say, December 2005 is securitized in the form of a futures contract. Incentives are introduced via tournament: users trade the futures in the market on our Web server in order to win the awards in the end of the tournament. We ran such a tournament during the period between December 2005 and February 2006. Results of the futures’ prices correctly predicted no outbreaks of bird flu among the residents in Taiwan
     during the 3-month period, suggesting that the design of the futures exchange on the Web be a useful tool of event forecasting.
關聯 New Mathematics and Natural Computation,2(3),271-279
資料類型 article
DOI http://dx.doi.org/10.1142/S1793005706000567
dc.creator (作者) Chen,Shu-Heng;Wang,Sun-Chong ;Tseng,Jie-Jun ;Li,Sai-Pingen_US
dc.date (日期) 2006en_US
dc.date.accessioned 9-Jan-2009 12:18:52 (UTC+8)-
dc.date.available 9-Jan-2009 12:18:52 (UTC+8)-
dc.date.issued (上傳時間) 9-Jan-2009 12:18:52 (UTC+8)-
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/23293-
dc.description.abstract (摘要) The ability of accurate epidemic prediction facilitates early preparation for the disease and minimizes losses due to any strikes. We devised a platform on the Web for users to exchange their information / opinion on possible avian flu outbreaks in Taiwan. The likelihood of the first human infection of bird flu in Taiwan in, say, December 2005 is securitized in the form of a futures contract. Incentives are introduced via tournament: users trade the futures in the market on our Web server in order to win the awards in the end of the tournament. We ran such a tournament during the period between December 2005 and February 2006. Results of the futures’ prices correctly predicted no outbreaks of bird flu among the residents in Taiwan
     during the 3-month period, suggesting that the design of the futures exchange on the Web be a useful tool of event forecasting.
-
dc.format application/en_US
dc.language enen_US
dc.language en-USen_US
dc.language.iso en_US-
dc.relation (關聯) New Mathematics and Natural Computation,2(3),271-279en_US
dc.subject (關鍵詞) avian influenza;futures exchange;market-
dc.title (題名) Prediction of Bird Flu A(H5N1) Outbreaks in Taiwan by Online Auction: Experimental Resultsen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1142/S1793005706000567-
dc.doi.uri (DOI) http://dx.doi.org/10.1142/S1793005706000567-