Harvard University Press has just released Oracles: How Prediction Markets Turn Employees into Visionaries. The book takes a detailed look at not just the science of prediction markets, but at the business application of prediction markets. While making the case that prediction markets are extremely valuable for businesses as a way to tap into the knowledge of their employee bases, the book does an exemplary job of detailing the challenges that companies can face when implementing prediction markets internally. If you or your company is trying to decide if a market is right fo you, this book is a must read.
Of course, here at Consensus Point are a bit biased. Several of our clients’ stories appear in the book including GE and Best Buy. After years of working with these large enterprise clients, we have begun working with the market research industry. Happily, our years of experience with large corporate clients have proven to be invaluable as we work to create our new Huunu Research Platform.
If you’re interested in learning more about how Consensus Point and is turning our enterprise prediction market experience into a market research tool,Huunu, you can find out more at www.consensuspoint.com.
Consensus Point is the leader in prediction markets, the social predictive analytics solution.