Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: McKinsey

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

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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

McKinsey on the X Prizes

“Well designed prizes carry a strong element of theater that makes them newsworthy and media friendly. This messaging and brand-building potential is attractive to corporations looking to burnish their image or wealthy donors seeking to signal their arrival.”

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Big Carrot – FAQ

McKinsey on prediction markets?

I exchange one McKinsey (if you have it) against one Forrester and one Gartner. Any taker? Contact moi.

How Best Buy gather the collected wisdom of customers and employees to better predict future events

The Promise Of Enterprise Prediction Markets — The McKinsey conference should have been rooted in the economic science and McKinsey should have invited economists.

McKinsey: The Promise Of Prediction Markets
James Surowiecki: The premise is that under the right circumstances, the collective judgment of a large group of people will generally provide a better picture of what the future might look like than anything one expert or even a small group of experts will come up with. [...]
James Surowiecki: The [...]

McKinsey: The Promise Of Enterprise Prediction Markets

McKinsey: The Promise Of Prediction Markets
With Bo Cowgill (Google) and James Surowiecki (The Wisdom Of Crowds).
Registration needed.
This is the transcript of the roundtable of the recent McKinsey conference at Dubai, United Arab Emirates.
I’ll excerpt this document, tomorrow. I don’t have time right now; I have to go.
You can put comments, just below, in the meantime, [...]

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