Monthly Archives: July 2009

Why we should ban PowerPoint from our prediction market conferences

Posted on July 28, 2009 by Chris F. Masse

“PowerPoint has clearly decreased the quality of the information provided to the decision-maker, but the damage doesn’t end there. It has also changed the culture of decision-making.“

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We are developing software to help managers leverage the collective intelligence of their customers and employees.

Posted on July 28, 2009 by Chris F. Masse

Hark & Company = Collective Intelligence Services

Posted in Collective Intelligence - Wisdom Of Crowds, Software | Tagged , | Leave a comment

Please, don’t call them “predictive markets”, buddy. (Any market is predictive, somewhat. Our prediction markets are simplified event derivative markets.)

Posted on July 28, 2009 by Chris F. Masse

Prediction Markets by BrainJuice – @ Word-Wide Web – 2009-09-12

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Does the CFO Magazine writer misinterpret the outputs of the CFO Prediction Market (which is powered by CrowdCast)?

Posted on July 28, 2009 by Chris F. Masse

CFO Vincent Ryan: Indeed, asked “When will real GDP grow again?”, 32% of 168 participants project the fourth quarter of this year. Since Leslie Fine told us that CrowdCast uses a market mechanism (“binary spreads with a market maker”) to … Continue reading →

Posted in Collective Forecasting, Exchanges & Markets, Market Prices & Probabilities, The Global Economy | Tagged , , , , , , , | Leave a comment

BetFair Poker is far behind.

Posted on July 28, 2009 by Chris F. Masse

In spite of their sponsorship of the World Series of Poker Europe, BetFair Poker is #16. I heard that their software is a joke.

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BetFair’s jurisdictional architecture

Posted on July 28, 2009 by Chris F. Masse

“In one country, we can do poker but not horse racing, and in another country, casinos but not poker. We have to deal with jurisdictional nuances but also how quickly the walls will fall.“

Posted in Exchange & Market Management, Exchanges & Markets, Internet Marketing - Internet Commerce, Regulations, Software | Tagged , , , , , | Leave a comment

Felix Salmon Forgot About Prediction Markets?

Posted on July 28, 2009 by Jason Ruspini

Felix Salmon had a hard time thinking of any good recent financial innovations. How about: housing futures, the elimination of futures pits (this had more to do with exchange competition than the technology, which had been available for years), hedge … Continue reading →

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta), Finance, Inventions & Innovations, Regulations | Tagged , , | Leave a comment

How to guess the number of M&Ms in a jar

Posted on July 28, 2009 by Chris F. Masse

The video is from a physics lecturer at the University of New South Wales in Sydney, Australia. The reason I am posting this videos is that it relates to what James Surowiecki tells in his book about how collective forecasting … Continue reading →

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Wanna know what Eric Zitzewitz thinks of Michael Abramowitz’s Predictocracy?

Posted on July 26, 2009 by Chris F. Masse

To read Eric Zitzewitz’s review of Michael Abramowitz’s Predictocracy, you need to go behind a wall. Totally absurd. Book reviews are typically the kind of information that should be free and easily accessible —HTML style. Previously: Is weather betting legal … Continue reading →

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The Financial Meltdown: Causes, Consequences, and Options

Posted on July 26, 2009 by Chris F. Masse

The banking, financial and economic crisis of 2008/2009 Spot Eric Zitzewitz: Previously: Is weather betting legal if you bundle it with auto leasing?

Posted in Economics, Finance, The Global Economy | Tagged , , , , , , , , | Leave a comment