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.)
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Michael Abramowicz – Michael B. Abramowicz – (Law School, George Washington University, Washington, D.C., U.S.A.) — Post Archives at Midas Oracle
Bernd H. Ankenbrand – Bernd Ankenbrand – (Lecturer, Witten/Herdecke [...]
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 —see this interview. (The prediction markets effort at Google is part of the 20% project of a [...]
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.
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 product would ship (this was an internal product, not one sold externally). The prediction market was set [...]
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