Category Archives: Cases

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

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 … Continue reading

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In spite of Robin Hanson’s pumping them up, very few companies use enterprise prediction markets.

- McKinsey: While respondents tell us that tapping expert knowledge from outside is their top priority, few report deploying prediction markets to harvest collective insights from these external networks. #FAIL

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Andrew McAfee’s anecdote on enterprise prediction markets is a load of bullsh*t.

Paul Hewitt: I’m curious why Andrew McAfee would cite this example in support of prediction markets. Though he mentions that his executive students had conducted a “simple poll”, in fact, they really created a pari-mutuel market, which provided the “risk … Continue reading

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Andrew McAfee wanna share an anecdote about EPMs with you.

I am curious about what Paul Hewitt will think of this.

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Prediction Markets @ Singularity University

Paul Hewitt debunks it all.

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Prediction markets, given enough active participation, are increasingly seen as an excellent way to arrive at the answers to any number of questions.

@ Singularity University: “Indeed, the winning technology concept –a pill that could cure cancer– and team were accurately prognosticated by the [prediction] market.“

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Assessing the usefulness of enterprise prediction markets

Do you need to have experience in running an enterprise prediction exchange in order to assess the pertinence of enterprise prediction markets? Paul Hewitt: Hi Jed… As for qualifications, I have been making business decisions for almost 30 years. I … Continue reading

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The truth about CrowdClarity’s extraordinary predictive power (which impresses Jed Christiansen so much)

Paul Hewitt: At first blush, it appears that we finally have a bona fide prediction market success! If we’re going to celebrate, I’d suggest Prosecco, not Champagne, however. There are a number of reasons to be cautious. These represent only … Continue reading

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Finally, a positive corporate prediction market case study… —well, according to Jed Christiansen

Jed Christiansen: To recap, the prediction market beat the official GM forecast (made at the beginning of the month) easily, which isn’t hugely surprising considering the myopic nature of internal forecasting. But the prediction market also beat the Edmunds.com forecast. … Continue reading

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Tap The Collective – The Videos

Inkling Markets have posted the videos on YouTube. Here is how to download the videos for “TAP THE COLLECTIVE” that are posted on YouTube: Install any video capture software. (I recommend Video Download Helper because it is more universal, but … Continue reading

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