Robin Hanson is not convinced by the Google experiment with enterprise prediction markets –to say the least.

Chris F. Masse January 14th, 2008

Robin Hanson in a comment on Marginal Revolution:

This is important work for organizational sociology, but not for prediction markets, as this does little to help us find and field high value markets.

Finally, somebody who speaks the truth.

Related Links: Using Prediction Markets to Track Information Flows: Evidence From Google - (PDF file - PDF file) - by Bo Cowgill (Google economic analyst), Justin Wolfers (University of Pennsylvania) and Eric Zitzewitz (Dartmouth College)

Tags: corporate prediction markets, enterprise prediction markets, event derivative markets, event derivatives, Google, internal prediction markets, micro-geography, prediction markets, private prediction markets