Watching the development of the prediction market industry is a fascinating game. Sometimes it seems like new prediction markets and prediction games pop up almost every minute. Many of these tend to ask general questions, such as (ho hum) who will win the 2008 US Presidential election. Some offer prizes, some social standing (“Yes! I’m [...]
Entries Tagged as 'software'
Book Review: Reinventing the Bazaar, A Natural History of Markets
September 28th, 2006 · Comments Off · Book Reviews
This review first appeared in the Non-Joiners Book Club, a Yahoo Group. Those of us who are not economists experience markets as they are — without thinking much about how they were designed or how they work. eBay is an excellent example of a market that we all know, probably even use, without a deep [...]
Tags:Aalsmeer·Africa·Bill Gates·China·eBay·Energy Markets·Federal Communications Commission·Ghana·Homebrew Club·internet boom·Japan·John McMillan·Microsoft·New York Times·Non-Joiners Book Club·Osaka·pharmaceutical·search costs·software·Stanford·Yahoo Group
Public Prediction Markets Heuristic Review: Foresight Exchange
April 29th, 2006 · 2 Comments · Prediction Markets
Who Is … Foresight Exchange (FX) is one of the older, more venerable prediction markets on the web, and as such it has an active community of traders. The code for the site is open source, and the site is managed by Consensus Point, a consultant, software provider and implementer of prediction markets. The Good [...]
Tags:brokerage site·claim creator·ISP·Karl Hallowell·software
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