Bet on It! – (page two – page three + a crappy listing of exchanges) – by Steven Cherry

[...] Chris F. Masse, a [] consultant in Sophia Antipolis, France, who specializes in prediction markets, says that by 2010, “10 percent of Fortune 500 companies will have gone public about their use of internal prediction markets, and probably another 10 percent will be testing some projects.” [...]

As [Robin] Hanson notes, “the winners are attracted by losers, just as wolves are attracted by sheep.” [...]

Go reading the article, if you haven’t done already (and then read Mike Giberson’s comments). — Bet on It! – (page two – page three) — Via Steve Roman

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UPDATE: Robin Hanson comments…

I don’t that much care about terminology here, but I do agree that prediction markets should shine best at the meta level, when competing institutions try to draw what insight they can from other institutions running in parallel.