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Why Prediction Markets Are Good for Business

From selecting the lead actress in a Broadway musical, to predicting a crucial delay in the delivery of Boeing’s 787 Dreamliner months before the CEO knew about it, to accurately forecasting US presidential elections—prediction markets have realized some amazing successes by aggregating the wisdom of crowds.

Until now, the potential for this unique approa...
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Why Prediction Markets Are Good for Business

From selecting the lead actress in a Broadway musical, to predicting a crucial delay in the delivery of Boeing’s 787 Dreamliner months before the CEO knew about it, to accurately forecasting US presidential elections—prediction markets have realized some amazing successes by aggregating the wisdom of crowds.

Until now, the potential for this unique approa...
Read more
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  • Formats: pdf
  • ISBN: 9781422183199
  • Publication Date: 22 May 2012
  • Publisher: Harvard Business Review Press
  • Product language: English
  • Drm Setting: DRM