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		<title>Foundations of Mobile Agent Systems</title>
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		<pubDate>Sun, 29 Jan 2012 11:24:59 +0000</pubDate>
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				<category><![CDATA[advances]]></category>

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		<description><![CDATA[Early discussions in this area argued that there are no MA applications, but rather applications that benefit from the use of MAs [2], which has proven a sensible statement after more than a decade of research into the subject. Similarly, MAs can be regarded as the enabling technology for a networking application. In general, security [...]]]></description>
			<content:encoded><![CDATA[<p>Early discussions in this area argued that there are no MA applications, but rather</p>
<p>applications that benefit from the use of MAs [2], which has proven a sensible</p>
<p>statement after more than a decade of research into the subject. Similarly, MAs can</p>
<p>be regarded as the enabling technology for a networking application. In general,</p>
<p>security issues have proven to be the most discouraging factor toward a wider</p>
<p>Complexity Shared memory Message passing Remote procedure call (RPC)</p>
<p>Remote method invocation (RMI) Other mobile codes Mobile codes Mobile agents</p>
<p>FIG. 1. Data communications mechanisms.  adoption of MA technology [3–5]. In other words, opening the doors to seemingly</p>
<p>benign, interpretable programs make networked devices susceptible to a number of</p>
<p>malicious attacks. As a result, <a href="http://www.pmcorporatelaw.com/register-cyprus-company-company-formation-in-cyprus">cyprus company registration</a> we observe that certain types of networks have</p>
<p>benefited more than others from implementing MA-based applications in real</p>
<p>systems. In general, closed networks provide a secure environment to deploy MA</p>
<p>technology and benefit from its unique features. Thus, not only the application type</p>
<p>but also the network environment plays an important role for deciding how an MAbased</p>
<p>solution should realize one or more tasks. Figure 2 illustrates the implementation</p>
<p>types that software agents <a href="http://stationarybikestands.net/">stationary bike</a> can take.</p>
<p>The most important characteristic of the MA approach and software agents in</p>
<p>general is that it allows programmability, thus enabling an MA-based system to</p>
<p>change its operation on demand to adapt the circumstances determined by the</p>
<p>underlying environment. For example, a network with sufficient bandwidth can</p>
<p>support the deployment of many MAs collaborating to achieve a number of tasks.</p>
<p>Nevertheless, a sudden bandwidth shortage as sensed by these agents could activate</p>
<p>a low-usage mode of operation, whereby only a few agents perform only the most</p>
<p>crucial tasks. It follows that the MAs’ policies can be either static or variable. By the</p>
<p>same token, the most important benefit <a href="www.clipsleypetshop.co.uk">pet supplies</a> introduced by the mobility feature of a</p>
<p>software agent is that it enables better bandwidth usage by moving the processing</p>
<p>element to the location where the data to be analyzed resides. For example, moving a</p>
<p>500 KB program to process 100 MB of data at a remote location is more bandwidth</p>
<p>Multiple agents working together and applying preset actions Multiple agents working</p>
<p>together and adapting their operations as needed An agent whose decision policy may change in</p>
<p>response to the current environment conditions Multiple agents working independently on the</p>
<p>same task An agent that requires no external input and executes preset actions An autonomous agent that</p>
<p>adapts its decision policy as needed Adaptive Self-sufficient Collaborative Intelligent agents</p>
<p>FIG. 2. Implementation types of software agents. efficient than carrying out the reverse procedure. However, it is also clear that</p>
<p>implementing an efficient migration policy is crucial in achieving this bandwidthsaving</p>
<p>goal.</p>
<p>Thus far, we have pinpointed some key aspects that are relevant to deploying</p>
<p>MAs: flexibility to implement diverse applications, adaptability to deal with unforeseen</p>
<p>situations, efficient migration mechanisms <a href="http://www.wordans.com/funny+tshirts">funny t shirts</a> to improve performance, an</p>
<p>application-dependent strategy, and preference for closed-network deployment. It</p>
<p>is straightforward to see that MAs are best suited for highly specialized applications</p>
<p>in access-restricted networks that are subject to unexpected, variable conditions, and</p>
<p>resource constraints. As a result, we turn our attention to exploring the applicability</p>
<p>of MAs to support diverse tasks in wireless and mobile networks. These types of</p>
<p>networks possess some or all the peculiarities just mentioned. In particular, we direct</p>
<p>the focus of our investigations to wireless sensor networks (WSN) and ad hoc</p>
<p>networks created by portable devices.</p>
<p><a href="www.mghomebuilders.com">edmonton home builder</a> However, to better understand the relevance</p>
<p>of investigating MA applicability in these networks, we present a concise discussion</p>
<p>on the advantages and disadvantages of MA technology, followed by a brief</p>
<p>historical perspective with concerning previous research efforts involving MA</p>
<p>technology, its shortcomings, the current state of affairs, and what we can expect</p>
<p>to see in the near future.</p>
<p>1.2 Advantages and Disadvantages of Using MAs</p>
<p>The benefits and drawbacks of the <a href="http://www.watchesbyjames.com/">replica watches</a> MA approach were extensively discussed in</p>
<p>the initial years of its research. In general, there are some advantages that are</p>
<p>attributable to all agent types, whereas others are more specific. For instance,</p>
<p>compactness is oftentimes <a href="http://chicloveseats.com">loveseat</a> referred to as an inherent MA characteristic, though</p>
<p>this is not always the case. For instance, an MA coded to perform a complex</p>
<p>brokering task requires that a significant amount of <a href="http://www.theessay.co.uk/">Essay writing</a> functionality be implemented</p>
<p>into it to deal with a wide variety of possible situations for the transactions it</p>
<p>supports. However, MAs used for active networking tasks (e.g., routing) can be</p>
<p>significantly more compact because they are targeted at specific tasks with wellknown</p>
<p>outcomes. Another advantage regularly associated to using agents is bandwidth</p>
<p>savings, which can be achieved if an efficient agent migration policy is</p>
<p>employed. However, it is possible that the bandwidth overhead incurred by moving</p>
<p>a relatively large agent could offset the one incurred by using a simple messagepassing</p>
<p>scheme, depending on the application. Still, <a href="http://www.atkinsdietfoodlist.org">Atkins Diet Food List</a> the bandwidth-savings potential</p>
<p>remains by far one of the most compelling reasons for using agents [6].</p>
<p>Figure 3 exemplifies the bandwidth savings-feature by showing both a traditional</p>
<p>and an MA-based approach for collecting data in a WSN. In the first case, the</p>
<p>occurrence of an event as sensed by individual WSN nodes initiates the</p>
<p>APPLICATIONS OF MOBILE AGENTS IN WIRELESS NETWORKS 117</p>
<p>corresponding client–server interactions to send raw data to the WSN gateway or</p>
<p>sink for subsequent analysis. In this approach, each client–server session incurs one</p>
<p>data flow from source to destination, leading to higher bandwidth utilization.</p>
<p>Moreover, this method places a higher burden in the nodes closer to the WSN</p>
<p>gateway because their links observe heavy data traffic as compared to the wireless</p>
<p>links located farther away from the gateway. Conversely, the mobile agent system</p>
<p>(MAS) approach dispatches an agent to the WSN’s region of interest (ROI) where</p>
<p>the event was observed. Once there, the MA processes data and sends back to the</p>
<p>WSN gateway either a concise assessment of the situation or a digest of the analyzed</p>
<p>data. This has the benefit of incurring <a href="http://pizza-expressvouchers.co.uk/">Pizza Express vouchers</a> a single traffic flow, in contrast to the client–</p>
<p>server approach that observes multiple flows.</p>
<p>In addition to enabling bandwidth savings, MAs can also help reduce processing</p>
<p>delay. Revisiting the example shown in Fig. 3, the actual data pooling process</p>
<p>triggered by an event in a WSN region might require multiple interactions between</p>
<p>the WSN gateway and the nodes involved. This obeys to the possibility of having a</p>
<p>relatively large amount of data that have to be progressively transferred if, say, the</p>
<p>first data block yields no conclusive <a href="http://www.homehairremovalblog.com/no-no-hair-removal-reviews/">no no hair removal</a> results and one block or more need to be pooled</p>
<p>from the corresponding devices until a result is found. Conversely, in the MA</p>
<p>approach, the codes that actually process data migrate to the devices that triggered</p>
<p>the event, and the analysis is realized in situ, so that <a href="http://www.ergohumanstore.com/">ergohuman</a> no messages or data need to be</p>
<p>sent back and forth from the devices to the WSN gateway. In addition, if a result is</p>
<p>not found, the MA can migrate to another node to immediately begin analyzing more</p>
<p>data, whereas using the message-passing approach entails initiating a new session</p>
<p>between the WSN gateway and another device, <a href="http://winonlinerewards.com/">win free ipad 2</a> followed by the respective data</p>
<p>Agent dispatched Mobile agent approach Agent migration Event path notification</p>
<p>Event region Gateway Raw-data flows A Data forwarding B approach.</p>
<p>transfer process. It is clear that the MA approach incurs less delay during its</p>
<p>migration process than consecutively forwarding raw data segments. Resilience is</p>
<p>yet another advantage that an MA-based solution can incorporate in environments</p>
<p>whose behavior is unstable or highly uncertain. For instance, whereas a messagepassing</p>
<p>scheme incurs significant signaling to recover from failures during an</p>
<p>ongoing data transfer session under adverse <a href="http://www.fourwindsinteractive.com/">digital signage</a> circumstances (e.g., in the presence of</p>
<p>a noisy-channel, or frequent disconnections), an <a href="http://www.emanio.com/data-mining/DataMiningSoftware.html">Data Mining Software</a> MA-based solution could have the</p>
<p>agent monitor the channel conditions until the circumstances are favorable to</p>
<p>migrate back to the WSN sink with the desired information.</p>
<p>The previous discussion provides some compelling reasons in favor of using MAs</p>
<p>to solve distinct networking tasks. In fact, it is easy to see that these advantages are</p>
<p>highly appealing for the case of wireless and mobile networks. However, there are</p>
<p>important counterarguments against MA technology. For instance, bandwidth savings</p>
<p>can only be achieved if the size of one or more MAs performing a task is</p>
<p>sufficiently compact to offset the bandwidth otherwise incurred by employing the</p>
<p>message-passing mechanism. This might be hard to achieve if the MA is coded to</p>
<p>provide added resilience, thereby sacrificing compactness as per the extra codes that</p>
<p>implement this added feature. Another aspect that adds complexity to an MA-based</p>
<p>solution is the migration strategy employed to visit multiple nodes, either throughout</p>
<p>the network or in a portion thereof. An inefficient migration strategy incurs added</p>
<p>bandwidth because of the total number of times that one or more MAs hop to</p>
<p>accomplish a certain task. However, a carefully engineered migration strategy</p>
<p>would ostensibly be capable of achieving better results. It thus follows that largesized</p>
<p>MAs implementing an inefficient migration strategy would result detrimental</p>
<p>to the overall system’s performance. In addition, the effectiveness with which an</p>
<p>MA solution provides resilience depends directly on the programmer’s ability to</p>
<p>anticipate and deal with situations that the MA could encounter. In the messagepassing</p>
<p>mechanism, the respective communications protocol daemon running into</p>
<p>an unexpected situation could simply reschedule the data transfer process at a later</p>
<p>time if the current circumstances are unfavorable. Conversely, an MA could remain</p>
<p>stranded at a remote node, perhaps unable to return to the network’s gateway upon</p>
<p>encountering a situation that steered it into a deadlock state. An additional issue that</p>
<p>can be used to argue against MA technology is that of security. To this regard, it is</p>
<p>easy to see that an attacker could inject a malicious agent into a network to disrupt its</p>
<p>normal operation (e.g., as a typical computer network virus). Conversely, one or</p>
<p>more malicious device(s) could be used to disrupt an agent’s normal operation or to</p>
<p>embed a malicious code segment into it. As a result, using MAs can be deemed a</p>
<p>safer option in closed networks where access is controlled. Additionally, wellknown</p>
<p>cryptographic methods, such as digital signatures, can be readily employed</p>
<p>to reduce to some extent the inherent security risks, though some performance</p>
<p>APPLICATIONS OF MOBILE AGENTS IN WIRELESS NETWORKS 119</p>
<p>degradations would be inevitable. However, this would be highly detrimental for</p>
<p>network tasks requiring near real-time response, or in networks formed by devices</p>
<p>with limited hardware resources, given that processing digital signatures entails</p>
<p>additional memory availability and processing capabilities that increases power</p>
<p>consumption.</p>
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		<title>Monitoring Technical Debt</title>
		<link>http://www.shortsalebrothers.com/%post%/</link>
		<comments>http://www.shortsalebrothers.com/%post%/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 19:45:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[advances]]></category>

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		<description><![CDATA[&#160; This formula implies that, if the unrefactored module X does in fact have an effect on future work, the magnitude of that effect will be a percentage of the average cost of modifying X, where the percentage depends on how severe the penalty is thought to be. The severity of the penalty is captured [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;</p>
<p>This formula implies that, if the unrefactored module X does in fact have an effect on future work, the magnitude of that effect will be a percentage of the average cost of modifying X, where the percentage depends on how severe the penalty is thought to be. The severity of the penalty is captured</p>
<p><img class="alignleft size-full wp-image-20" title="technical_debt" src="http://www.shortsalebrothers.com/wp-content/uploads/2011/10/technical_debt.jpg" alt="" width="270" height="402" /></p>
<p>&nbsp;</p>
<p>The goal of identifying and measuring technical debt is to facilitate decision making. There are two scenarios in which a technical debt list can be used to  help <a href="http://www.desireedress.com/servlet/the-Cheap-Wedding-Dresses/Categories">cheap wedding dresses</a> management decide on various courses of action. The first is part of release planning, where a decision must be made as to whether, how much, and which technical debt items should be paid during the upcoming release. The second is ongoing monitoring of technical debt over time<span style="color: #000000;"> <a href="http://www.africanmangolabs.co.uk/"><span style="color: #000000;">African Mango</span></a></span>, independent of the release cycle. These two scenarios are <a href="http://www.midlandtradeshowdisplays.com">trade show booth</a> described below.</p>
<p>&nbsp;</p>
<p>Scenario 1</p>
<p>Should some debt be paid down <a href="http://www.realpennystocks.com">penny stocks to watch</a>  on component X at the same time? If so, how much and which items should be paid?</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Assumptions</p>
<p>Step 1. Extract all technical debt items associated with component X.</p>
<p>&nbsp;</p>
<p>Step 2. Reevaluate high/medium/low estimates <a href="http://www.newecigs.net">electric cigarettes</a> for these items based on current plans for the upcoming release (e.g., some items may have a greatly reduced principal if they overlap with the planned work in the release).</p>
<p>Step 3. Do numeric estimates for all items with high interest probability and high interest amount.</p>
<p>Step 4. For each item considered in Step 3, <a>leather furniture</a> compare cost (principal) with benefit (interest probability</p>
<p>Step 5. Add up the estimated principal for all <span style="color: #000000;">items<a href="http://www.expert-consultant.net"> <span style="color: #000000;">SEO Service </span></a>left</span> snoring chin strap after Step 4. Decide if this cost can be reasonably absorbed into the next release. If not, use this analysis to justify the cost to management. If so, can more debt repayment be put into this release? baby shower cakes If so, repeat Steps 3–5 with items with high interest probability and medium interest amount, and vice versa, then with medium for both probability and interest, and so on, until no more</p>
<p>&nbsp;</p>
<p>debt repayment can be absorbed by the release.</p>
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		<title>Research Directions for Information Markets</title>
		<link>http://www.shortsalebrothers.com/%post%/</link>
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		<pubDate>Tue, 25 Oct 2011 19:32:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[advances]]></category>

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		<description><![CDATA[The many advantages of information markets and their impressive performance in many current applications support great potentials for wide use across many business and technical fields. Studies that test the usefulness of information markets in various application domains and processes are greatly needed.Our extensive literature survey found that research on how information markets are used [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-large wp-image-13" title="2900030106002" src="http://www.shortsalebrothers.com/wp-content/uploads/2011/10/2900030106002-1024x340.png" alt="" width="640" height="212" />The many advantages of information markets and their impressive performance in many current applications support great potentials for wide use across many business and technical fields. Studies that test the usefulness of information markets in various application domains and processes are greatly needed.Our extensive literature survey found that research on how information markets are used inside organizations is still in its infancy. Little is known about the impact of the business environment on information market design, incentive structures, and the types of questions that can be investigated via such markets. To put it  more simply, we need research on what works and what does not work. Little is also known about the impact of the market on work processes, corporate culture, and formal and informal reporting mechanisms in the organization. 7.1 Information Markets as IT Artifacts From a  design view of an information market as an IT artifact, research on designing an information market to meet the requirements of an interesting business problem holds great promise. The information systems research framework (Fig. 5) and the design research guidelines suggested by Hevner et al. [59] can be used to structure the methods and activities performed by researchers designing/studying organizational information markets.</p>
<p><a href="http://www.furnitureoutletworld.com/Leather_Furniture.html">leather furniture</a> Information markets are fundamentally IT artifacts designed to provide more effective and efficient solutions to identified business problems such as information aggregation, forecasting, and decision making under uncertainty. However, the pokies build and evaluate loops used to<br />
<a href="http://www.pokie.com">pokies</a> produce the information market are informed by pokies foundational theories and methodologies rooted in reference disciplines such as economics (experimental and behavioral <a href="http://webpokies.com/">pokies</a> ), computer science and engineering, finance, psychology, and political science. As a result, current studies tend to view information markets through<br />
<a href="http://www.businessemaildirectory.co.uk/email-list-i-269.html">email lists</a> reference disciplines lens: as a financial market or an economic entity (e.g., Ref. [17]). Research studies that investigate the design and use processes of information markets and their interactions with the business environment are greatly needed. However, existing literature on information markets and its current knowledge base might tempt<br />
<a href="http://itsabouttreadmills.com/product/sole-f80-treadmill/">sole f80</a> researchers to black box the market, thus, undermining the importance of its interaction with the environment and downplaying the impacts of its technological and structural aspects on the effectiveness and efficiency of organizations <a href="http://itsabouttreadmills.com/product/sole-f63-treadmill/">sole f63</a> adopting information markets [60,61].</p>
<p>Thus, the first step in studying <a href="http://itsabouthomegyms.com/product/total-gym-xls/">total gym xls </a>organizational information markets is to reconcep- tualize markets as technology-enabled information systems. Technology is limited to the hardware and the software components of the market, and the information system encompasses the design, development, implementation, and use processes of the market, as well as the dynamic interaction between the market, people, and its environment to accomplish a certain task. This conceptualization &#8220;white boxes&#8221; the market, in the sense that it clears some of the doubts surrounding information markets that are mainly due to the black box nature of markets and organization’s lack of general understanding of its internal workings. It also serves as grounds for theorizing about information markets from a systems perspective.</p>
<p>&nbsp;</p>
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		<title>The Advantages of Information Markets</title>
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		<pubDate>Tue, 25 Oct 2011 19:27:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[advances]]></category>

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		<description><![CDATA[&#160; Much of the enthusiasm for using information markets as a method of forecasting uggs and information aggregation comes from the inadequacy of existing methods to accomplish this task. Information markets are being used to overcome the limitations of the various aforementioned methods. Green et al. [49] discussed how information markets can avoid the drawbacks of [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;</p>
<p align="left">Much of the enthusiasm for using information markets as a method of forecasting <a href="http://bootswithcharacter.com/">uggs </a>and information aggregation comes from the inadequacy of existing methods to accomplish this task. Information markets are being used to overcome the limitations of the various aforementioned methods. Green et al. [49] discussed how information markets can avoid the drawbacks of Delphi and quick payday loans. First of all, markets are not restricted by experts’ availability; instead, traders self-select to articipate in the market if they believe their private information is not yet incorporated into the market pricefor. Second, markets offer incentives for true revelation of beliefs. Monetary incentives eliminate group pressure to conform, where traders can only benefit by trading according to their own beliefs. Third, unlike Delphi, markets are dynamic and responsive to changing circumstances. Prices in information markets <a href="http://1200caloriediabeticdiet.net/">diabetic diet</a> incorporate new information almost instantly, providing continuous and up to date forecasts of events. Information markets offer many other advantages over existing methods as shown in Table V. First, Web-based implementations of information markets are not restricted  by location or time. Traders can participate from around the globe, 247. Second, markets are more cost effective and time efficient than other information aggregation methods. The process of price formation and discovery collects disparate information  scattered around the organization or around the world in a matter of hours, and at relatively little to no cost. Third, market trading is anonymous. Anonymity plays a pivotal role in reducing social and informational influences t <a href="http://5poundsin2weeks.com/">weight loss pills</a> hat prevail in group settings. Fourth, trading dynamics in a market setting cancel out individual biases and errors preventing cascading effects from impacting forecasts [14,17,19]. The substantial body of experimental research on information aggregation (e.g., [17,50–55]) <a href="http://surearticles.com">work from home</a> suggests that markets seem to work fairly well in a wide variety of</p>
<p><img class="aligncenter size-full wp-image-10" title="usd-gdp-7-3" src="http://www.shortsalebrothers.com/wp-content/uploads/2011/10/usd-gdp-7-3.jpg" alt="" width="567" height="459" /></p>
<p>No time or place restrictions Anonymous No experts required Saves time and money Offers continuous up to date forecasts Bias and error proof Versatile Dynamic and responsive to unfolding events Offers incentives for honesty High orecasting accure</p>
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		<title>HSX</title>
		<link>http://www.shortsalebrothers.com/%post%/</link>
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		<pubDate>Tue, 25 Oct 2011 19:21:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[advances]]></category>

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		<description><![CDATA[&#160; Today, the IEM, the most well-known application of information markets, offers markets in which traders can bet on a wide variety of events ranging from the outcomes ofpresidential elections to the periodic interest rate decisions of the Federal Reserve’s Open Market Committee [33]. Since 1988, prices on the IEM have proved more accurate than traditional [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;</p>
<p>Today, the IEM, the most well-known application of information markets, offers markets in which traders can bet on a wide variety of events ranging from the outcomes ofpresidential elections to the periodic interest rate decisions of the</p>
<p>Federal Reserve’s Open Market Committee [33]. Since 1988, prices on the IEM have proved more accurate than traditional polls in forecasting elections more than 75% of thetime, with an average absolute error of only 1.5% points, compared to 2.1% points for polls [17,33,34]. Market forecasts can be used to inform decisions made by political parties, such as nominating presidential candidates that are likely to win, as well as decisions made by the candidates themselves regarding their campaign strategies such as what issues to focus on. The idea of using markets for decision support was first introduced by Hanson [35] when he used the concept of decision markets, or conditional</p>
<p>markets, <a href="http://www.slavic-inzenjering.net/harman-kardon-soundsticks-ii-review/">harman kardon soundsticks ii</a> to illustrate how market forecasts can be used to inform decisions about an event given market predictions <a href="“http://www.slavic-inzenjering.net/bose-companion-3-series-ii-review/”">Bose Companion 3</a> of another. Berg and Rietz [36] provided an elaborate analysis of the 1996 presidential election market and described how market prices can be used to support decisions; for example, market forecasts suggested that Dole was not the strongest candidate in the set; <a href="http://www.slavic-inzenjering.net/review-of-the-logitech-z-5500/">logitech z-5500</a> concluding that the Republican Party could have used market prediction to select a stronger candidate with a better chance of beating President Clinton [36]. The Hollywood Stock Exchange (HSX) is another <a href="http://www.slavic-inzenjering.net/logitech-x-540-5-1-surround-sound-speaker-system/">logitech x-540</a> successful application of information markets where predictions are made on which movies will succeed or fail in the market. Traders in the HSX buy and sell shares of their favorite actors <a href="http://www.slavic-inzenjering.net/logitech-z-2300/">logitech z-2300</a> or movies causing securities’ prices to rise or fall. Traders evaluate movies by collecting information from movie Web sites, reading critics’ reviews and blogs, and interacting with fan communities to form beliefs about movies’ potential prospects.Prices of securities are used to predict Oscar, Emmy, and Grammy award winners and movie box-office returns. The predictions have proved to be highly correlated with actual outcomes. In 2009, players correctly predicted 29 of 37 Oscar nominees for the 81st Annual Academy Awards, a 78.4% success rate, bringing HSX’s 11-year average to an impressive 82.1% (HSX press release, January 22, 2009).</p>
<p>The HSX is being used as a market research instrument where</p>
<p><a href="http://www.seocompany.biz">seo firms</a> movies’ box-office prerelease forecasts are used to determine marketing budget, the number of movie screens, and related promotional activities [37]. Spann and Skiera [25] analyzed the HSX forecasting accuracy for 152 movies and compared market predictions to two renowned experts’ predictions. They also analyzed the market performance <a href="http://www.facialhairremovalforwomeninfo.com/">facial hair removal</a> in many other areas, such as predicting the number of movie visitors, the chart position of pop music singles in Germany, and predicting the usage of different mobile phone services of a large German mobile phone operator. Market predictions were fairly accurate. Results showed that markets work well under different incentives structures and with even a small number of participants <a href="http://thaimedicalvacation.com/liposuction-thailand-vaser-vaserhd-smartlipo-coolsculpting/">Liposuction Thailand</a> .</p>
<p align="left">There are many other successful Web-based implementation of information markets designed to aggregate information and forecast events in many areas such sports, politics, finance, law, entertainment, and even the weather. Some examples of real-money information markets include Intrade, TradeSports, Nadex, and Bet-Fair. Other examples of play money markets are <a href="http://www.starshandbags.com">replica bags</a> NewsFutures, Inkling Markets, and the Foresight Exchange.By 2006, over 25 companies in the United States had started to experiment with information markets to forecast business objectives [38]. Today, the number has at least doubled and companies have moved beyond the experimentation stage. Examples include many well-respected companies in their industries. Microsoft is using the market to predict software quality issues, such as the number of bugs in new software applications; Google is using it to predict dates of product launches and General</p>
<p align="left">Electric is using it to choose the best new research ideas to pursue [39].AT&amp;T, Yahoo, Corning, and Best Buy are just a few examples of the many Fortune 500 companies that have begun to seriously use information market in various areas of business.In a series of experiments at Hewlett-Packard laboratories, markets outperformed official HP forecasts 75% of the time in predicting printer sales and DRAM microchip prices [39,40]. Ortner [41,42] conducted an experiment using information markets at Siemens Austria to forecast delays and reveal information about software project progress. Results showed that market prices anticipated delays long before</p>
<p align="left">the official release of information, proving the usefulness of using markets in the software project management arena. Intel integrated an information market designed to forecast demand into the company’s standard forecasting processes. The results of early experiments showed that market forecasts are stable, responded well to demand fluctuations, and were at least as accurate as the official forecasts, with 75% of market forecasts falling within</p>
<p align="left">2.7% of actual sales [3].In addition to aggregating information, and forecasting events, markets can be used to study how organizations process information [43]. The Cowgill et al. [43] analysis of Google’s internal prediction market showed how markets can be used to track information flow within the organization and how it responds to external events.</p>
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