VIRTUAL MARKETS FOR SELECTING ANSWERS TO OPEN-ENDED QUESTIONS

摘要

A virtual market system is used to rank-order answers to an open-ended question. A virtual market on which participants can trade securities representing answers to the open-ended question is used to gather information from the participants regarding each answer. Answers to be traded on the market may be provided by the participants, allowing for opinions to be expressed not only as to the relative worth of the securities on the market, but also as to which securities should be on the market.