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Applied Economics Letters Volume 18, 2011 - Issue 8
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Original Articles

Nonmarket valuation by prediction markets

Jayson L. Lusk Department of Agricultural Economics, Oklahoma State University, 411 Ag Hall, Stillwater, OK, 74078, USACorrespondence[email protected]
&
F. Bailey Norwood Department of Agricultural Economics, Oklahoma State University, 411 Ag Hall, Stillwater, OK, 74078, USA
Pages 715-718 | Published online: 17 Jan 2011

References

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  • Forsythe , R. , Nelson , F. , Neumann , G. R. and Wright , J. 1992 . Anatomy of an experimental political stock market . American Economic Review , 82 : 1142 – 61 .
  • Jianakoplos , N. A. and Bernasek , A. 1998 . Are women more risk averse? . Economic Inquiry , 36 : 620 – 30 .
  • List , J. A. 2004 . Neoclassical theory versus prospect theory: evidence from the marketplace . Econometrica , 72 : 615 – 25 .
  • Lusk , J. L. and Norwood , F. B. 2009a . Bridging the gap between laboratory experiments and naturally occurring markets: an inferred valuation method . Journal of Environmental Economics and Management , 58 : 236 – 50 .
  • Lusk , J. L. and Norwood , F. B. 2009b . An inferred valuation method . Land Economics , 85 : 500 – 14 .
  • Wolfers , J. and Zitzewitz , E. 2004 . Prediction markets . Journal of Economic Perspectives , 18 : 107 – 26 .

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