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iPredict and you can too

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  • Matt Burgess

Abstract

ISCR (in partnership with Victoria University) will later this year launch iPredict, New Zealand's first prediction market. While prediction markets have established a strong record in picking election outcomes and Oscar winners, their greatest potential may lie within large organisations. Much of what senior management needs to know about their organisation resides in the heads of its employees - and prediction markets can collect and synthesise that information simply by providing employees with the opportunity to profit from revealing what they know. Matt Burgess describes these public and private roles of iPredict.

Suggested Citation

  • Matt Burgess, 2008. "iPredict and you can too," Competition & Regulation Times 372306, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:372306
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    File URL: https://ojs.victoria.ac.nz/crt/article/view/3723
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