Tag Archives: Todd Proebsting

The best researchers on prediction markets

CFM: Scholars Check that CFM page for updates. And contact me so I can make additions to the list. (I’ll then re-publish that updated list on Midas Oracle.) – Michael Abramowicz – Michael B. Abramowicz – (Law School, George Washington … Continue reading

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Spectrum has a long article on prediction markets.

Bet on It! – (page two – page three + a crappy listing of exchanges) – by Steven Cherry In August 2004, Todd Proebsting, a researcher in Microsoft’s platform and services division, was approached by a manager in the company’s … Continue reading

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Yahoo! Research + MicroSoft Research vs. Google Research

Yahoo! Research does investigate prediction markets —see David Pennock (the inventor of the DPMM) et al. MicroSoft Research does investigate prediction markets —see Todd Proebsting (“I lead Microsoft Research’s Information Forecasting Exchange project“). Google Research does not investigate prediction markets … Continue reading

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Bo Cowgill, Todd Proebsting and David Pennock Compared

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Robin Hanson’s Market Scoring Rule Seen Thru David Pennock’s Eyes That Focus On Todd Proebsting

Trying to summarize David Pennock’s 2006 MSR piece in just three sentences: Robin Hanson prefers talking about traders “changing the price” instead of traders “buying and selling shares”. MicroSoft Research’s Todd Proebsting is the man. He has implemented a great … Continue reading

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Conditional and Combinatorial Betting

After people have used Prediction Markets for a while and have gotten used to their ability to provide forecasts, they start thinking about different scenarios. Who would be the best Republican to face Clinton? How are the prospects for a market boom or crash effected by the winner of the election? How will poverty be affected by a proposed World Bank program? These kinds of questions can be posed in a number of ways using Prediction Markets. Markets can allow betting on conditional (if) or conjunctive (and) questions. Either one can be used to answer the what if questions, but they provide different choices to the bettors, and some make it easier for observers to decode the answers. Continue reading

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Predictocracy: Market Mechanisms for Public and Private Decisionmaking — THE MARKET WEB

Predictocracy: Market Mechanisms for Public and Private Decisionmaking – by Michael Abramowicz – 2007-xx-xx – (fall) Chapter: The Market Web – (towards the end of the book) — Michael Abramowicz: If prediction markets should become commonplace, decisionmakers might link to … Continue reading

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Case: MicroSoft’s internal prediction markets

CNET on the Yahoo! Confab: When Todd Proebsting, director of Microsoft’s Center for Software Excellence, tested a prediction market internally, managers quickly gave it their blessing. The goal: to have 25 members of a development team predict when a Microsoft … Continue reading

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