If you survey the prediction market landscape, you’ll notice that the outputs that PM’s provide fall into one of two categories: odds & ends. By “odds” I’m referring to the … Read More
Crowdsourcing vs. Crowdassessing
Prospective clients interested in our iCE prediction market technology often ask whether it’s a crowdsourcing tool. My standard answer is “kinda.” The term crowdsourcing is defined on Wikipedia as: … Read More
The Expert Magnet
The Woodrow Wilson Center’s Science and Technology Innovation Program (STIP) recently announced that they’re creating a prediction market to forecast future events of interest to the scientists, such as who will … Read More
Enterprise Prediction Markets (EPM’s) vs. Public Prediction Markets (PPM’s)
Clients interested in using a prediction market for market research often ask us whether they should setup their market using internal employees or external consumers as traders. Since this is … Read More
Hedge Fund "Fund of Funds" Expect Increased Competition
Rothstein Kass, a premier public accounting and advisory services firm, commissioned Infosurv to conduct research for their industry report “Call to Action”; a report on key trends impacting the fund … Read More
Blindfolded Monkeys & Wisdom of the Stock Market
In the investing community, it’s common knowledge that most professionally managed mutual funds underperform the stock market overall. From an article in the Time magazine blog: Standard & Poor’s … Read More
How Prediction Markets Can Save Lives
I’m a TED Talk junkie. In case you’re not familiar with TED, it’s an annual event composed of 5-15 minute “talks” by some of the world’s leading thinkers. Notable past TED … Read More
Wisdom of Crowds vs. Egos of Bosses
In his ground-breaking book The Wisdom of Crowds, author James Surowiecki cites some pretty compelling evidence that crowds are usually wiser than individuals. Even the smartest individuals amongst us. He … Read More
David’s Bridal wants to know "What’s On Brides’ Minds?"
The fourth annual “What’s on Brides’ Minds” survey by David’s Bridal reveals that more than two-thirds (68%) of brides say they plan to spend less on their wedding in light … Read More