Just 2 short thoughts to respond to Jed Christiansen, who was kind enough to analyze my prediction market statement.
Strangely, Chris’ writings on prediction markets have become quite negative in recent months.
I am actually trying to be more realistic than the crowd.
Jed, if you read closely the intro on top of the blog frontpage, you will see that I am actually bullish on some applications of prediction markets.
My other response to Chris is that I feel he doesn’t distinguish between public and internal prediction markets when he discusses marketing and usage of these markets.
I am well aware of the 2 completely different landscapes, Jed, but I wanted a statement that could fit both sub-fields. Thanks for your comments. I will think about all this…