Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: I Told You So

Can InTrade’s prediction markets really “contribute to solutions in avoiding future [financial] crises”?

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To the question asked in the title of this post, some have answered by the affirmative (“Prediction Markets Have a Big Role to Play”). In my view, it is wrong to overvalue the real social utility of the prediction markets.
As of today, we can plainly see 2 things. Number one, the prediction markets are a [...]

The prediction market companies and the economic crisis

[This painting was on the cover of Thomas Friedman's book, The World Is Flat.]
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- The top financial officials from the major advanced nations are meeting from Friday to Sunday in Washington, D.C.
- The hope is that they will decide on a major injection of capital into the financial institutions.
- The prediction market companies should prepare [...]

Good Morning America.

I Told You So.
by Ed Miracle
This painting was on the cover of Thomas Friedman’s book, The World Is Flat.

The prediction market world should be flat.

Thomars Friedman’s book, The World Is Flat.

This blog entry by innovation blogger Dominic Basulto (about Indian outsourcing giant Infosys touting a new Think Flat website) makes me think of something. We are in an industry that is compartmented into two blocks: North American and Europe/Australia. It’s so true that we are using two different [...]

I Told You So.

I Told You So.
by Ed Miracle
This painting was on the cover of Thomas Friedman’s book, The World Is Flat.

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