Tag: prediction-markets
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Prediction Markets for the Oscars, Golden Globes, Emmys, and More
Each year I get caught up in the big film and television awards, trying to watch as many as possible and speculating on the various winners. I just discovered Gold Derby, a fun site for following and predicting the Hollywood ‘races’ yourself. Gold Derby takes predictions on everything from the Oscars to RuPaul’s Drag Race,…
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Prediction Markets and The Wisdom of Crowds
FT Predict is more than just a game. Predictive markets collect the wisdom of the crowd in a single dynamic price unit that can be far more sensitive to changes in the market than standard survey-based research. And a growing number of today’s leading companies embrace predictive market models in order to harness the wisdom…