Tag Archives: value applications

A highly accurate prediction market has little value if other mechanisms can provide similar accuracy at a lower cost, or if few substantial decisions are influenced by accurate forecasts on its topic.

Robin Hanson – Overcoming Bias – - Robin Hanson at LinkedIn – Robin Hanson: Info Value = the added accuracy the markets provide relative to other mechanisms, times the value that accuracy can give in improved decisions, minus the cost … Continue reading

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Do Google’s enterprise prediction markets work? — Using Prediction Markets to Track Information Flows: Evidence from Google

Using Prediction Markets to Track Information Flows: Evidence from Google – (PDF file – PDF file) – by Bo Cowgill, Justin Wolfers, and Eric Zitwewitz – 2008-01-06 – VIDEO — Bo Cowgill on Google’s enterprise prediction markets — O’Reilly Money:Tech … Continue reading

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Merger Markets on Microsoft-Yahoo

HP began to explore prediction markets in 1996, but did not even consider applying them to the 2002 HP-Compaq merger. Similarly, Yahoo and Microsoft are two of the companies mentioned most often as being involved in prediction markets (along with … Continue reading

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