INTEL BUSINESS CASE: Does Intel really use internal prediction markets?

Chris F. Masse July 20th, 2007

No Gravatar

Emile Servan-Schreiber and Chris Hibbert (two veterans of the field of prediction markets) have strong doubts that Intel is using a trading mechanism. (Nothing wrong with using a non-trading mechanism, we just want to know for sure. :) )

I will re-read the Intel paper later on, but here is a quick stats: the phrase “prediction markets” is used 15 times in the paper, including 7 times in the section titled, you guessed it, “MARKET MECHANISMS AS FORECASTING TOOLS.

And here’s a crucial sentence I found out in the abstract:

The process enables product and market experts to dynamically negotiate product forecasts in an environment offering anonymity and performance-based incentives.

Does negotiation mean trading here? My first reading was “yes”, but I wonder what it means in light of the comment made by market design expert Chris Hibbert.

Previous: INTEL BUSINESS CASE: INTERNAL PREDICTION MARKETS DO WORK.

Trackback URI | Comments RSS

Leave a Reply

You must be logged in to post a comment.