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The Role Prediction Markets Play In Assessing Climate Risk

The Horizons Tracker

Prediction markets are often highly effective means of bringing together diverse perspectives, and have been shown to outperform individuals and teams in a wide range of tasks. Prediction markets are designed so that incentives are given to those with vital bits of information to disclose that information.

Marketing 127
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Decision Markets Outperform Committees (But Trust In Them Is Low)

The Horizons Tracker

Decision markets are increasingly common to help weed out the best decisions, but they are still dwarfed by decisions made via committees or other adhoc groups. However, the researchers find that people can learn to trust information markets the more often they use them, thus offering a ray of light. ” Trusting the crowd.

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The Case for Corporate Disobedience

Harvard Business Review

If your company puts you in charge of developing a foreign market or a new line of business, your challenges are in many ways similar to those facing a startup. How Samsung Gets Innovations to Market. In theory, you have decent odds of getting it right. This is where the concept of stealth innovation can help you.

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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

Business development. So were professional development programs, rewards for random acts of kindness and other empowerment initiatives. The audit committee of the board would not sign off on behalf of the deals, which just kept happening and developing secret lives of their own. Running the business. Body of Knowledge.