Browsing by Author "Schmidt, Carsten"

Now showing items 1-6 of 6

2006-03-10Buch

A Framework for Micropayment Evaluation

Schmidt, Carsten; Müller, Rudolf

Lacking payment systems become a bottleneck for the vision of the Information Economy. In many cases payments of fractions of a cent, so-called micropayments, are of particular interest. In this paper we propose a framework ...
2000-09-24Buch

Dumb software agents on an experimental asset market

Großklags, Jens; Schmidt, Carsten; Siegel, Jonathan

We have analyzed the impact of agents and their trading strategies on an experimental electronic market. Therefore, we added an XML-interface to an existing electronic market and implemented artificial agents which acted ...
2001-06-12Buch

Fairness in the Mail and Opportunism in the Internet

A Newspaper Experiment on Ultimatum Bargaining

Güth, Werner; Schmidt, Carsten; Sutter, Matthias

On May 11, 2001, readers of the Berliner Zeitung were invited to participate in an ultimatum bargaining experiment played in the strategy vector-mode: Each participant chooses not only how much (s)he demands of the DM ...
2002-03-12Buch

How accurate do markets predict the outcome of an event?

The Euro 2000 soccer championships experiment

Schmidt, Carsten; Werwatz, Axel
2001-08-17Buch

Manipulation in Political Stock Markets

Preconditions and Evidence

Hansen, Jan; Schmidt, Carsten; Strobel, Martin

Political stock markets (PSM) are sometimes seen as substitutes for opinion polls. On the bases of a behavioral model, specific preconditions were drawn out under which manipulation in PSM can weaken this argument. Evidence ...
2001-08-09Buch

Predictive Accuracy of Political Stock Markets

Empirical Evidence from a European Perspective

Berlemann, Michael; Schmidt, Carsten

In a meta study of 25 political stock markets conducted in Germany in the last decade we analyze their predictive success. Although the predictions of political stock markets are highly correlated with the corresponding ...