Posted by: Paul Hewitt | March 8, 2009

Hello world!

Welcome the Toronto Prediction Market Blog.  My primary focus concerns the practical use of prediction markets to solve corporate forecasting and prediction problems.  Personally, I am fascinated by the potential of prediction markets to improve corporate information and improve decision making.  I am somewhat dismayed by the current low level of use of prediction markets in the corporate world.  Through an open discussion, I hope to help promote the beneficial use of prediction markets in the business world.  From time to time, I may comment on various aspects of public prediction markets, especially where they shed light on the process of predicting events using markets.

I am open to all comments and discussions.  I am particularly interested in hearing about any new applications or pilots of prediction markets being used by corporations anywhere in the world.

Enjoy!

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