Tim Harford on office micro-geography (and Google’s enterprise prediction markets)

Tim Harford:

[...] We keep being told that because of cheap, ubiquitous communication technology, distance is dead. But if there was ever a company that we should expect to exemplify that idea, surely it was Google. This research suggests that it is as important as ever to be sitting in the right place.

Yes, but findings on organizational sociology, although great, do not advance our prediction market cause.

That said, Bo Cowgill’s paper is awesome and I will blog about it, later on.

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)