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.