Emile Servan-Schreiber bends David Perry’s ear.
Emile Servan-Schreiber (of NewsFutures):
From: Emile Servan-Schreiber
Date: Mon, 15 Jun 2009 22:45:43 +0200
Subject: Re: GE Imagination Market License
That’s pretty funny, considering that the creator of the GE Imagination Market herself concludes in several published papers that “using markets to rank ideas may be no better than other methods of idea ranking,” [...]
Prediction markets: the future of decision-making – Companies are now making business decisions based on information employees provide via internal trading systems. – The Times of London – 2008-09-04
“We use them ["them" = the enterprise prediction markets] as another point in the decision-making process, alongside asking experts and other business leaders,” said Christina LaComb, a [...]
Lewis Sheperd (the Chief Technology Officer of Microsoft’s Institute for Advanced Technology in Governments):
Indeed, it appears to me that [prediction markets] are growing not from corporate or government use, but mostly organically from within academia, stock-futures circles and political-junkie communities. I’m reading the interesting variety of writers and prediction-marketeers at Midas Oracle, which brings together [...]
Awesome slides in bold.
Brought to you by Koleman Strumpf (circa November 2007):
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Henry Berg, Microsoft <slides>
Discussant: Robin Hanson (George Mason Department of Economics) <slides>
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Christina Ann LaComb, GE (The Imagination Market; abstract is free, text is gated) <slides>
Discussant: Marco Ottaviani (Kellogg School of Management, Management and Strategy) <slides>
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Dawn Keller, Best Buy (Best Buy’s TAGTRADE Market) <slides>
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Bo [...]
Koleman Strumpf:
1. David Perry (Consensus Point)
Perry shared many lessons learned, and chose to focus people’s attention on the pitfalls of PMs (in addition to their power).
Implementation can take a long time. It’s a change management process.
Asking the wrong questions can be a killer, but often the right questions emerge after trading begins.
Poor incentive structures [...]
HedgeStreet:
Dr. John Nafeh – Director
John Nafeh is the Founder of HedgeStreet. He combined his expertise in decision analysis and risk management, his experience guiding Internet-related start-ups, and his vision of an Internet-based mass market for risk-hedging financial instruments [*] to create HedgeStreet. As Managing Director of Pareto Partners, a venture capital fund, Dr. Nafeh has [...]
The imagination market – by Christina Ann LaComb, Janet Arlie Barnett and Qimei Pan – 2007-03-10
Information markets [= prediction markets] are typically used as prediction tools, aggregating opinions about the likelihood of future events, or as preference indicators, identifying participants’ product preferences. However, the basic information market concept is more widely applicable. In our experiment, [...]
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Consensus Point:
- General Electric
- Best Buy
- Motorola
- Qualcomm
- Siemens
- Nokia
NewsFutures:
- Arcelor – Mittal
- Corning
- Dentsu
- IHG
- Lilly
- MasterFoods
- Pfizer
- Siemens
- Thomson
- Yahoo!
Inkling Markets:
- Abbott
- Chrysler
HSX:
- Chiron – Novartis
+ Google + MicroSoft + etc.
Wall Street Journal $$$: Nokia to Restructure Business To Focus on Internet, Telephony
Would prediction markets help? Nokia U.S.A. is a client of Consensus Point.
Previous: OFFICIAL: Consensus Point clients are Best Buy, General Electric, Nokia, and Samsung. + Email Interview: Ken Kittlitz
Chris Hibbert:
“Jack [Welch, ex-CEO of General Electric] was essentially saying a graduate business degree was a waste of time.”
That’s a misunderstanding of the comment. What Welch was saying was that the most valuable thing the students were paying for was the contacts they made, not the content of the coursework. The contacts are hard to [...]
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