How prediction markets help forecast consumers’ behaviors — [REPORT]

Posted on August 10, 2011 by Chris F. Masse

Forrester Research’s Roxana Strohmenger has been caught red hand sucking up to our Paul Hewitt.

Roxana Strohmenger (e-mail me at chrisfmasse at gmail dot com to get a copy of the report):

At the end of the day, a prediction market must have sufficient “information completeness” even if the individuals interacting in the market do not, to accurately predict outcomes with a reasonable degree of certainty.

Paul Hewitt:

Prediction markets must have sufficient information completeness to accurately predict outcomes with a reasonable degree of certainty.

About Chris F. Masse

Founder and President of Midas Oracle
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2 Responses to How prediction markets help forecast consumers’ behaviors — [REPORT]

  1. Jason Ruspini says:
    August 10, 2011 at 7:00 PM

    The wording is almost exactly the same as Paul’s, but wasn’t this one of the conditions of Suroweicki and Hanson? And if you’re looking for paper citations from blog posts, don’t hold your breath.

  2. Chris F. Masse says:
    August 11, 2011 at 4:24 AM

    If the wording is not her, then she does not master the underlying concepts. She is parroting.

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