Failure Is Your Friend Rebroadcast Full Transcript

...in some ways – was potentially detrimental in others. So they had set up an internal prediction market. And they wanted people to be able to express their true opinions...

Failure Is Your Friend: Full Transcript

...was potentially detrimental in others. So they had set up an internal  prediction market. And they wanted people to be able to express their true opinions and the market, this...

Is There a Market for "Conscious Capitalists"?

...to see legalized prediction markets, so that more information on price trends is available to more people early on, thus reducing the scale and cost of the speculative bubbles....

R.I.P. John Delaney, Prediction Market Entrepreneur

...new prediction markets, crunch data his markets had generated, or debate what it all means, over a Guinness. And as much as I knew John as a madcap Irishmen, and...

What A Night! Interpreting the New Hampshire Primary

...chance to remind ourselves just what a prediction market price means: While Sen. Clinton’s unexpected victory has yielded red faces among the punditocracy, this also provides a useful opportunity for...

Economists Speak Out on Prediction Markets

...We’ve blogged quite a bit about prediction markets. Now, some very prominent economists (including four Nobel prize winners) have come together to release a joint statement asking the U.S....

Betting the Weather

...Pennsylvania State University has set up a prediction market for the weather, letting two groups of students bet against professional forecasting services like AccuWeather in trying to predict the...

Comic Con and a Prediction Market for Gamers

...a gamer who found it hard to sift through the available information to find worthwhile games. So he created an online prediction market for new video games, called simExchange. “The...

InTrade, Prediction Market to the Stars, Gets Banned From the U.S.

...InTrade, the Dublin-based prediction market (i.e., betting platform) that we’ve written about regularly over the years (including a Q&A with its founder, John Delaney, who has since died), is...

Prediction Markets at Google: A Guest Post

...for better understanding how information flows within a (very cool) corporation. Information is terrific to theorize about, but hard to measure. That’s where the prediction market is useful: if you...