Category Archives: Consulting

In most cases, the team (including the best predictors) outshines the best predictor working alone.

Written by Chris F. Masse on June 29, 2009 — Leave a Comment

I had a question about VentureBeat’s statement, and Leslie Fine has answered it.
VentureBeat:
As everyone has known since the modern corporation was invented, employees such as executive assistants or production line managers often have better information and more accurate insight than their management.
CrowdCast’s Leslie Fine:
The claim here is not that the administrator knows more than the [...]

Also posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Business Administration, Case Studies, Collective Forecasting, Information Aggregation | Tagged accuracy, Collective Forecasting, collective intelligence mechanisms, collective intelligence that predicts, corporate intelligence, CrowdCast, employees, information aggregation, information aggregation mechanisms, inklings, insights, Leslie Fine, organizational intelligence, Predictions, predictors, teams

CrowdCast has 11 employees.

Written by Chris F. Masse on June 26, 2009 — Leave a Comment

Wow.
CrowdCast @ LinkedIn
Previously: CrowdCast = Collective Forecasting = Collective Intelligence That Predicts
Next: In most cases, the team (including the best predictors) outshines the best predictor working alone.

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Also posted in Business | Tagged CrowdCast, LinkedIn

CrowdCast in the New York Times

Written by Chris F. Masse on June 25, 2009 — Leave a Comment

The last 2 paragraphs are impressive.
Previously: CrowdCast = Collective Forecasting = Collective Intelligence That Predicts

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Also posted in Exchanges & Markets | Tagged CrowdCast, New York Times

CrowdCast = Collective Forecasting = Collective Intelligence That Predicts

Written by Chris F. Masse on June 25, 2009 — 3 Comments

The fine people at CrowdCast (Mat Fogarty and Leslie Fine) are finally out today with their brand-new, no-trading, collective forecasting mechanism. The purpose is to aggregate information across one organization so as to generate the most objective business forecasts. The readers of Midas Oracle are well aware of the (relative) performance of the prediction markets [...]

Also posted in Collective Forecasting, Collective Intelligence, Exchanges & Markets, Information Aggregation, Mechanism Designs, Software | Tagged Betting, Collective Forecasting, collective intelligence mechanisms, corporate prediction markets, CrowdCast, employee intelligence, enterprise intelligence, enterprise prediction markets, forecasting, information aggregation, information aggregation mechanisms, internal prediction markets, Leslie Fine, market designs, Market Scoring Rules, Mechanism Designs, MSR, polling, prediction markets, private prediction markets, trading, Xpree

Social networking tool Spigit goes enteprise prediction markets.

Written by Chris F. Masse on June 2, 2009 — Leave a Comment

Spigit
Read & Write Web
Twitter

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Also posted in Collective Forecasting, Exchanges & Markets, Information Aggregation, Software | Tagged corporate prediction markets, enteprise prediction markets, internal prediction markets, Prediction Market Software, private prediction markets, social networking tools, Software, software for prediction markets, Spigit

IncentAlign – Harness the power of free markets for your firm…

Written by Chris F. Masse on May 27, 2009 — 2 Comments

IncentAlign – Harness the power of free markets for your firm…

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Also posted in Software | Tagged IncentAlign, Prediction Market Software, prediction markets, software for prediction markets

NewsFutures OKays “collective forecasting”.

Written by Chris F. Masse on May 26, 2009 — Leave a Comment

Actually, Emile Servan-Schreiber has been using this term (”collecting forecasting“) for years. (Spot it under “competitive forecasting”.)
Emile, you’re a true pionneer, here. Congrats.

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Also posted in Collective Forecasting, Explainers | Tagged Collective Forecasting, competitive forecasting, Emile Servan-Schreiber, NewsFutures, prediction markets

Why reporting stuff about prediction markets means bugging the prediction market people till they spit the truth finally

Written by Chris F. Masse on May 25, 2009 — 2 Comments

If you have been a feed subscriber of Midas Oracle for a long time (we started in 2006 here, and in 2003 for CFM), you know that I act as a gadfly. But there is a reason for that. If I were a simple stenographer, re-publishing press releases (and making friends with the prediction market [...]

Also posted in Prediction Market Journalism, Traditional Forecasting | Tagged Collective Intelligence, collective intelligence solutions, corporate prediction markets, Emile Servan-Schreiber, enterprise prediction markets, Information Aggregation, internal prediction markets, NewsFutures, Prediction Market Software, prediction markets, private prediction markets, software for prediction markets, Traditional Forecasting, wisdom of crowds

NewsFutures’s software and consulting on enterprise prediction markets

Written by Chris F. Masse on May 22, 2009 — 2 Comments

I am happy to run Emile Servan-Schreiber’s correction (well, correcting me ) on the fact that NewsFutures still provides EPM SaaS, since I love NewsFutures’s CDA technology as much as Chris Hibbert does. However, I maintain that providers of collective intelligence solutions for companies are turning their back to the trading technology, from [...]

Also posted in Analysis (Industry), Case Studies, Collective Intelligence, Information Aggregation, Software | Tagged Collective Intelligence, collective intelligence solutions, corporate prediction markets, Emile Servan-Schreiber, enterprise prediction markets, Information Aggregation, internal prediction markets, NewsFutures, Prediction Market Software, prediction markets, private prediction markets, software for prediction markets, Traditional Forecasting, wisdom of crowds

The benefits of information aggregation mechanisms (IAMs), which encompass (enterprise) prediction markets, have been greatly exaggerated.

Written by Chris F. Masse on April 26, 2009 — Leave a Comment

Gartner ranked the benefits given by software for enterprise prediction markets as “moderate” (look up the 3rd line of the 3rd column):

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Gartner – Hype Cycle for Social Software, 2008 – (PDF file):

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California Institute of Technology economist Charles Plott:
What you’re doing is collecting bits and pieces of information and aggregating it so we can watch it [...]

Also posted in All Best Posts Ever, Analysis (Industry), Collective Intelligence, Information Aggregation | Tagged accuracy, Business, corporate prediction markets, enterprise prediction markets, Gartner, hype, internal prediction markets, prediction accuracy, prediction markets, private prediction markets, social software, Traditional Forecasting

Category Archives: Consulting

In most cases, the team (including the best predictors) outshines the best predictor working alone.

CrowdCast has 11 employees.

CrowdCast in the New York Times

CrowdCast = Collective Forecasting = Collective Intelligence That Predicts

IncentAlign – Harness the power of free markets for your firm…

NewsFutures OKays “collective forecasting”.

Why reporting stuff about prediction markets means bugging the prediction market people till they spit the truth finally

NewsFutures’s software and consulting on enterprise prediction markets

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