Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: pharmaceutical

Companies are leading the way in the use of prediction markets. The public sector may soon follow.

Via Emile Servan-Schreiber of NewsFutures (who is of course cited in this article ) …
Ask The Market – Companies are leading the way in the use of prediction markets. The public sector may soon follow. – (PDF – PR) – by Region Focus’ Vanessa Sumo – 2007-07-20
The power of prediction markets to [...]

Chris Masse is bull-shitting. On the paper, NewsFutures is OBVIOUSLY the market leader.

That’s what all the people thought, after I published my ranking.
The NewsFutures clients:

The world’s largest steel maker.
CORNING
Display Technologies.

Japan’s largest advertising firm.

Hungary’s leading news weekly.

Voted “most innovative” pharmaceutical company in Fortune’s 2003 and 2004 rankings.

The US packaged foods giant.

Giant U.S. Pharmaceutical.

Leading provider of objective analysis and effective solutions.

One of the world’s leading providers of outsourcing and [...]

RAND CORPORATION, the world’s most prestigious think tank, is a NewsFutures client.

NewsFutures’ clients:

The world’s largest steel maker.
CORNING
Display Technologies.

Japan’s largest advertising firm.

Voted “most innovative” pharmaceutical company in Fortune’s 2003 and 2004 rankings.

The US packaged foods giant.

Giant U.S. Pharmaceutical.

Leading provider of objective analysis and effective solutions.

One of the world’s leading providers of outsourcing and IT services.

Europe’s leader in corrugated packaging.

Germany’s global powerhouse in electrical engineering and electronics.

Texas [...]

Debunking HSX Alex Costakis’ conspiracy theory

#1. There’s a story covering Inkling Markets and (not extensively) the corporate prediction markets in the Chicago Tribune. Here’s an interesting excerpt:
In the real world, the reason people use markets is to make money. If an outcome is accurately predicted, it is profitable. In virtual markets, “play money is not a bad predictor, but economists [...]

ROI of Prediction Markets for Businesses

Good point, Mister Jed Christiansen:
You’ll notice an interesting phenomenon when it comes to early adopters of prediction markets; an inordinate number of pharmaceutical companies are listed. They are the best example of the type of company that needs prediction markets the most: industries where massive research and development costs are spent before any revenue is [...]

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