Dont worry too much about the Dubai World default.

OLYMPICS BETTING: BetFair is fun, while InTrade is boring like hell -and TradeSports, inexistent.

No Gravatar

BetFair&#8217-s prediction markets, on which country will get the most medals &#8212-it&#8217-s China, but the U.S. is not far behind.

InTrade&#8217-s prediction markets, on the boring boycott thing.

TradeSports is AWOL.

A proposal: Will the Olympics get derailed by air pollution?

99 days to go!

Previous blog posts by Chris F. Masse:

  • The CFTC is going to close the comments in 11 days. We have 11 days left to convince the CFTC to accept FOR-PROFIT prediction exchanges, and counter the evil petition organized by the American Enterprise Institute (which has on its payroll Paul Wolfowitz, the bright masterminder of the Iraq war).
  • The definitive proof that FOR-PROFIT prediction exchanges (like BetFair and InTrade) are the best organizers of socially valuable prediction markets (like those on global warming and climate change).
  • Fairness Doctrine prediction markets
  • 2 MILLION TRADES LATER: Inkling’s play-money prediction markets are accurate —too.
  • Web Forums on Prediction Markets
  • Jason Ruspini will answer SOME of these CFTC questions. — 12 days left, Jason.
  • QUIZZ OF THE DAY: Which blog is the most open minded?

The Flag Of Tibet – The Tibetan Flag

No GravatarFlag of Tibet

Previous blog posts by Chris F. Masse:

  • The Most Surprising Piece Of News I’ve Heard Today
  • My first prediction market plugin for WordPress
  • Self-Serving Prediction Market Of The Day — Unlawful Internet Gambling Enforcement Act of 2006
  • Prediction markets tend to be so illiquid, though, that mere activity looks like volatility.
  • Decision Markets and Futarchy are solutions in desperate search for a problem to solve and for their early adopters… and that may stay that way well after Robin Hanson’s head gets cryogenized.


No Gravatar

Our testosteroned Grandizer [JOKE] is trapped in communist China:

Sadly, I&#8217-m not able to read the announcement on the Google Analytics blog thanks to the Great Firewall. I&#8217-m in Shanghai until the end of the month with Google.

Great Wall


Google Analytics blog post:

Benchmarking now available plus additional opt-in settings
Wednesday, March 05, 2008

We&#8217-re happy to announce the launch of two related new Google Analytics features: a beta version of industry benchmarking and a data-sharing settings page. Both are designed to give our customers more choice and better control over their data. We are also launching an integration with Audio Ads today, which we&#8217-ll discuss in more detail in tomorrow&#8217-s post. All of these features will begin appearing in customer accounts today, though benchmarking reports may take up to a couple weeks to show data.

Industry benchmarking is a commonly requested new service that enables customers to see how their site data compares to sites in any available industry vertical. We believe this data will provide actionable insights by providing context for users to understand how their site is doing. For example, if you have a travel website and you get a spike in traffic on Mondays, you may want to know whether other travel sites get that same spike on Mondays.

You can also compare your site against an industry vertical different than your own. For example, you might see that your industry&#8217-s traffic dips at certain times of the year while another industry&#8217-s traffic increases. Based on that information, you may wish to explore cross promotional opportunities to drive traffic back and forth.

[Link to their screen shot.]

For more information, take a look at the benchmarking FAQs in the Google Analytics help center.

Of course, benchmarking only works if people can opt to share their data into the system, so we&#8217-re also introducing a new data-sharing settings page. On this page, customers can choose whether to opt in or opt out of sharing their Analytics data. To be clear, we are not sharing individual data with competitors- we bucket data into industry verticals and then anonymize and aggregate the data. Once you opt in, it may take a couple weeks for the reports to populate.

You can also elect to share your data with other Google services. This setting will allow us to provide you with additional advanced new features. For example, many of you have asked us to integrate Conversion Optimizer (which is currently only available to AdWords Conversion Tracking users) into Google Analytics. By opting to share your data with Google, you&#8217-ll be able to take advantage of these related new features as they become available. For more information, take a look at the data-sharing options FAQs in the help center.

Look for tomorrow&#8217-s post on the Audio Ads integration.

Posted by Brett Crosby, Group Manager, Google Analytics

Read the previous blog posts by Chris F. Masse:

  • 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
  • Mississippi: Is it a primary or a caucus?

Why Indian Software Outsourcing Companies are Outsourcing to China

No Gravatar

White Paper

Paul Denlinger:

This white paper examines some of the unique challenges Indian software companies are facing:

  • The decreasing talent pool-
  • Rising costs-
  • Insufficient infrastructure and-
  • Not enough time to train and build infrastructure

It then shows how China is the answer to their problems because:

  • It has only talent pool which is large enough to compare to India’s-
  • The local talent pool is still largely untapped in the second-tier cities-
  • Ten cities have targeted software development as part of their development initiatives-
  • Good universities provide strong training and basic skills-
  • English and communication skills are swiftly catching up.

This white paper is free &#8212-provided that you register on Paul Denlinger&#8217-s site.

The pictures of NewsFutures Emile Servan-Schreiber in Hong Kong, China

No, no, no&#8230- &#8212-not that:

Bruce Lee

That, rather:


NewsFutures – NewsFutures blog

Read the previous blog posts by Chris. F. Masse:

  • We regret to inform you of the passing of
  • Niall O’Connor, the one-data-point analyst
  • The best headline of the day –post Michigan
  • Enterprise prediction markets will be the next big thing when… hierarchies are flat.
  • Prediction Markets vs. Bookmakers — The Ultimate Argument
  • The Michigan primary as seen thru the prism of the InTrade prediction markets
  • BitGravity = video distribution network

China is considering allowing gambling on horse races in 2009.

No GravatarWow.

Quand la Chine s&#8217-eveillera&#8230- le monde tremblera. :-D

Previous blog posts by Chris F. Masse:

  • LinkedIn feed of your network updates = complete crap.
  • Could a statistical reputation system built on top of Amazon’s Mechanical Turk be of any help to the prediction market firms?
  • Heartthrob Alec Baldwin discusses the global impact of the subprime crisis, as seen by ex-HSX Max Keiser. What’s next? Britney Spears disserting on Robin Hanson’s futarchy?
  • How will AMEX avoid the fate of HedgeStreet, an exchange with similar products?
  • 2008 hurricane binary option contracts