The great TradeSports North Korea Missile Launch Spat highlights an important point about contract creation: clear contract creation engenders trust, and trust is a crucial part of any market. Each prediction market struggles with this issue, and each seems to have their own approach. But for every contract two things need to be clearly stated: [...]
Entries Tagged as 'the New York Times'
What Makes a Good Contract
July 11th, 2006 · Comments Off · Prediction Markets, Usability
Tags:Islamic Republic of Iran·Israel Ministry of Defense·Pentagon·the New York Times·US Department of Defense
Selling Infomation Markets to the Corporate World
May 7th, 2006 · 2 Comments · Prediction Markets
I am fairly new to the area of information markets, but one thing has become abundantly clear to me: selling the concept of information markets to businesses and government agencies is not going as well as perhaps it was thought it would. I’m sure some people thought that James Surowiecki’s popular business book would do [...]
Tags:Business Intelligence·business tools·Chris Hibbert·Cognos·collaboration applications·corporate tool·Financial services·Google·IBM·information market products·information market software·James Surowiecki·law·Microsoft·Oracle·portal technology·software application·the New York Times
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