• DocumentCode
    2597321
  • Title

    Trading in the market: an experiment in group decision dynamics

  • Author

    Moldovan, Mihai ; Van De Walle, Bartel ; Paliwal, Aahhas

  • Author_Institution
    Inf. Syst. Dept., New Jersey Inst. of Technol., Newark, NJ, USA
  • fYear
    2003
  • fDate
    11-13 Aug. 2003
  • Firstpage
    370
  • Lastpage
    374
  • Abstract
    We describe the use of a computer-supported information market in an experimental decision making task for undergraduate information systems students. The market is organized as a series of seven consecutive weekly face to face sessions. In between those sessions, the students provide feedback on their trading experiences through an online discussion board. We focus on the students´ feedback as they deal with the uncertainty and variation of the market and reflect upon their trading behavior. We illustrate how the students cope to understand the decisions obtained in the market while learning about the market mechanisms, behavioral decision strategies and the role of information systems.
  • Keywords
    computer science education; economics; group decision support systems; information industry; behavioral decision strategies; computer-supported information market; group decision making; group decision support system; online discussion board; undergraduate information systems students; Decision making; Decision support systems; Economic forecasting; Feedback; Game theory; Information systems; Information technology; Nominations and elections; Reflection; Toy industry;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Technology: Research and Education, 2003. Proceedings. ITRE2003. International Conference on
  • Print_ISBN
    0-7803-7724-9
  • Type

    conf

  • DOI
    10.1109/ITRE.2003.1270640
  • Filename
    1270640