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Corporate Prediction Markets: Pitfalls and Barriers

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  • Robert Rieg
  • Ramona Schoder

Abstract

While there has been a lot of discussion about prediction markets, including several articles in Foresight, the empirical record of their use in corporations (CPM) is meager, with hardly a handful of cases published. Robert and Ramona look at the track record of CPM with a skeptical eye, pointing out a number of difficulties that stand in the way of corporate implementation of a prediction market. Understanding these will give insight into what managers should avoid and what they should look for in order to bring about a successful CPM. Copyright International Institute of Forecasters, 2011

Suggested Citation

  • Robert Rieg & Ramona Schoder, 2011. "Corporate Prediction Markets: Pitfalls and Barriers," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 21, pages 35-40, Spring.
    • Handle: RePEc:for:ijafaa:y:2011:i:21:p:35-40
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