Prediction Markets = Collective Forecasting = Collective Intelligence That Predicts

Tag Archives: Jed Christiansen

Why I unsubscribed to John Delaney (InTrade) and Jed Christiansen at Twitter

I try to “follow” as many prediction market people on Twitter as I can (click on “following”), but I had to unfollow these 2 persons because:
- I like Jed a lot, but he often tweets about his private life. I wouldn’t mind, but the problem is that I follow 70 people, and if they all [...]

CrowdCast want to hire the world.

- A prediction market consultant.
- A sales leader.
Crowdcast is the leading provider of prediction market solutions created exclusively for the enterprise.
Hummm… The leaders are NewsFutures and Inkling Markets. But maybe CrowdCast will take the lead, later on, that well might be. Jed Christiansen wants to set up some kind of procedure to assess the size [...]

If prediction market advocates are so confident, why aren’t their claims more specific?

Jed Christiansen was kind enough to reply to my post: If prediction markets are so good at forecasting, why aren’t they being used much more widely?
#1. (Public or enterprise) traders mainly bring to the exchange some bits of information they acquired from some official or semi-official sources. The enterprise traders bring in the information they [...]

Bursting the enterprise prediction market bubble

I blogged about Jed Christiansen’s EPM post, five minutes ago. I would like to attract your attention to Jed’s awesome comments.
Jed comes out as a very reasoned and reasonable person. Good point for him.

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If prediction markets are so good at forecasting, why aren’t they being used much more widely?

Jed Christiansen has an awesome industry analysis … which I will disagree with.

Number one, I don’t understand why information aggregation would be a “bottom-up” approach (as opposed to “top-down”). Our traders bring bits of information to the market —but these bits of information were originally produced by the traditional sources (news, political polls, [...]

How the love for prediction markets saved Jed Christiansen from injury (and maybe death)

Had Jed not discovered his love for (enterprise) prediction markets, he would still be in his submarine today —click here to see what happened to the sub.

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Some enterprise prediction markets work very well… —some others are just a waste of time.

Jed Christiansen:
[...] When it comes to the first point, forecasting something that the company already forecasts, prediction markets may or may not be an excellent solution. I’ve seen one set of markets that absolutely blew away the accuracy of current forecasts, and I’ve seen other markets that were consistent with current forecasts with little or [...]

How Jed Christiansen assesses the news article on EPMs by The Economist

Jed Christiansen:
So I believe the article is generally positive toward the possibility of prediction markets, but generally negative toward the lack of adoption.
OK.
This “lack of adoption” has been going on for some years, now.
The passing of time is the bottom of the problem.

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Are (enterprise) prediction markets useful?

Jed Christiansen’s take.
Very interesting.

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The prediction market consultants who matter —and the others who don’t

Who are the prediction market consultants who took part of the conversation prompted by the publication of the devastating story by The Economist?
- Adam Siegel of Inkling Markets
- Mat Fogarty of CrowdCast
- George Tziralis of AskMarkets
- Jed Christiansen of Mercury

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