Yahoo Buzz Game
I’m interested in exploring ways groups can tap into their collective intelligence. One mechanism for doing this are trading markets like the stock market. Recently, there’s also been significant research activity in the area of prediction markets and their ability to predict trends or likelihood of future events.
Yahoo Research Labs is experimenting with a prediction market with the apparent intent of exploring the ability of a group of traders to predict technology trends. It’s interesting because they are attempting to use market structures that have never been explored before. They are also suffering from bugs in these new structures and have had to reset the game several times after making modifications. It’s very interesting if you don’t take it too seriously.
Other prediction markets:
Post a Comment