Joyce Berg, director of the Iowa Electronic Markets, talks about how business schools are using the tool for research and teaching.

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She says prediction markets are &#8220-substitute&#8221- for polls&#8230- or any forecasting tool.

Read the previous blog posts by Chris F. Masse:

  • Never talk when you can nod, and never nod when you can wink, and never write an e-mail because it’s death. You’re giving prosecutors all the evidence we need.
  • Is Justin Wolfers a libertarian? Probably not.
  • The information technology that caught Eliot Spitzer
  • Eric Zitzewitz’s 10 minutes of fame
  • Fun with conditional probabilities
  • Wrongly Crafted Headlines Of The Day
  • an American, petite, very pretty brunette, 5 feet 5 inches, and 105 pounds

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