Comments on: Innovation Mechanism = Voting Mechanism + Prediction Market Mechanism http://www.midasoracle.org/2008/05/07/innovation-vote-prediction-markets/ Prediction Markets For All Wed, 01 Oct 2008 00:04:22 +0000 http://wordpress.org/?v=2.6.2 By: Chris F. Masse http://www.midasoracle.org/2008/05/07/innovation-vote-prediction-markets/#comment-18432 Chris F. Masse Thu, 08 May 2008 16:42:25 +0000 http://www.midasoracle.org/?p=6851#comment-18432 @Jed Christiansen: Very interesting. Hope you'll write other posts like that in the future. @Jed Christiansen: Very interesting. Hope you’ll write other posts like that in the future.

]]> By: Chris F. Masse http://www.midasoracle.org/2008/05/07/innovation-vote-prediction-markets/#comment-18426 Chris F. Masse Thu, 08 May 2008 08:18:36 +0000 http://www.midasoracle.org/?p=6851#comment-18426 @Jed Christiansen: OK, thanks. - Jed, get yourself a gravatar. @Jed Christiansen: OK, thanks.
-
Jed, get yourself a gravatar.

]]> By: Jed Christiansen http://www.midasoracle.org/2008/05/07/innovation-vote-prediction-markets/#comment-18422 Jed Christiansen Wed, 07 May 2008 23:11:37 +0000 http://www.midasoracle.org/?p=6851#comment-18422 Hi, Chris. I actually wasn't talking to Emile.  The New York Times article brought a few thoughts together that I'd been meaning to express for a while now.  Namely, that prediction markets shouldn't be used to rank in-progress or poorly-expressed ideas.  Instead, they should be used to quantify a selected group of well-defined ideas. Mat and the Xpree solution seems to be heading down the right path with this.  To me what's important about how they're approaching it is that only a selected group of ideas move on to the forecasting stage, and ideally this is once the idea is better developed. Hi, Chris.
I actually wasn’t talking to Emile.  The New York Times article brought a few thoughts together that I’d been meaning to express for a while now.  Namely, that prediction markets shouldn’t be used to rank in-progress or poorly-expressed ideas.  Instead, they should be used to quantify a selected group of well-defined ideas.
Mat and the Xpree solution seems to be heading down the right path with this.  To me what’s important about how they’re approaching it is that only a selected group of ideas move on to the forecasting stage, and ideally this is once the idea is better developed.

]]>