Simon & Schuster using prediction markets as a suggestion box

Media Predict (powered by Inkling):

Using our prediction markets as a guide, Simon & Schuster will eventually choose five Media Predict books as finalists for publication. [...]

Throughout the contest, though, Simon & Schuster editors will take on board feedback they receive from Media Predict users and markets. In the end, our markets will help Simon & Schuster find an excellent book that truly deserves to succeed. [...]

Bizarre.

The future decision of the Simon & Shuster editors should be the retro-feedback that informs the traders for their speculations, rather. :)

Addendum: Media Predict FAQ

About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Exchanges & Markets, Humor. Bookmark the permalink.

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