Manipulation in Political Stock Markets
Preconditions and Evidence
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 for manipulation is reported from the data of two separate PSM during the Berlin 99 state elections.
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Is Part Of Series: Sonderforschungsbereich 373: Quantification and Simulation of Economic Processes - 61, SFB 373 Papers, ISSN:1436-1086
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