WSJ on Best Buy’-s enterprise prediction markets —- $$$ —- Use this trick to access the content.
APPENDIX: A good blog post on enterprise prediction markets
WSJ on Best Buys enterprise prediction markets
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Tag Archives: internal prediction markets
Do the top brass really tell everything to the trading employees? Do the EPM traders have access to all the primary indicators?
Prediction markets: the future of decision-making – Companies are now making business decisions based on information employees provide via internal trading systems. – The Times of London – 2008-09-04
“-We use them [“them” = the enterprise prediction markets] as another point in the decision-making process, alongside asking experts and other business leaders,”- said Christina LaComb, a computer scientist in the R&-D lab at GE.
OK. You’-re using enterprise prediction markets- you’-ve gotten your name in the newspapers- you’-re “-cool”-.
And our good friend David Perry’-s gotten your money.
But do your event derivative traders have the same access as you do to “-experts”- and other “-business leaders”-?
Or do you leave them in the dark? In that case, your enterprise prediction markets would be clueless, useless, and worthless.
WORLDS MOST EXPERIENCED PREDICTION MARKET PRACTITIONER CASTS A DOUBT ON THE VALIDITY OF MSR, IN USE IN MOST PUBLIC PLAY-MONEY PREDICTION EXCHANGES AND IN MOST ENTERPRISE PREDICTION EXCHANGES.
iPredict New Zealand
iPredict New Zealand
iPredict New Zealand is a legal, real-money prediction exchange organizing real-money prediction markets. They can also provide support for enterprise prediction markets.
iPredict New Zealand has been declared a futures dealer by the New Zealand Securities Commission, which means iPredict is treated as an exchange under securities law.
Best wishes to them.
Tutorials
Getting Started
Trading
Short Selling
PREDICTION MARKET STARTUP GRABS REKNOWNED RESEARCHER AWAY FROM HP LABS. – TIPPING POINT FOR THE PREDICTION MARKET INDUSTRY?
PREDICTION MARKETS OFF THE GARTNER HYPE CYCLE 2008
You know what I thought when I first saw that picture (little Fogarty planted next to Master Of Credit Alan Greenspan)?… I thought, well, its about time that the prediction market industry does the product endorsement by celebrity marketing thing. BetFair premiered that with John McCririck.
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TV-famous horse racing pundit: John McCririck.
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John McCririck endorsing BetFair
What prediction market software improvement did Alan Greenspan suggest to Xprees Mat Fogarty?
Look at the inconsistency between the two faces. Mat Fogarty is jubilant like if he had just stolen a big client from Inkling. Alan Greenspan, on the other hand, has a constipated look that conveys that he is fed up with all those conference co-speakers asking him out for a photo op.
Forrester recommend to add enterprise prediction markets in the company toolbox.
Forrester recommend to view enterprise prediction markets as…- addition —-not substitution.
Excellent point.
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Prediction Markets Harness The Wisdom Of The Crowd To Predict The Future
Prediction Markets Bring A Market Function To The Gathering Of Information
Most Markets See Accuracy That Is At Least As Good As Traditional Forecasting Methods
Prediction Markets Have Substantive Benefits For The Enterprise…-
…-But Still Need Active Supervision To Ensure Success
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The “-wisdom of crowds”- is capturing the attention of corporate strategists across the globe, and, as a result, many are now looking to prediction markets — speculative markets in which traders collectively predict future events — to generate collective intelligence. For enterprises, prediction markets bring unique value: They focus on the future, aggregate diverse information pools that can be applied to multiple decision-making domains, create streams of actionable data suitable for executive decision-making, and can often cut through corporate politics and pressures at lower cost than traditional forecasting methods. Market researchers will, however, need to have an active hand in the management of these mechanisms, ensuring strong management support, the right incentives for traders, and a focus on appropriate questions. When executed properly, the value to the enterprise is enormous- as a result, Forrester believes that prediction markets will ultimately find a permanent home in the market research toolbox.
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