Prediction Market

A collection of people speculating on a variety of events - exchange averages, election results, commodity prices, quarterly sales results or even such things as gross movie receipts. The Iowa Electronic Markets, operated by faculty at the University of Iowa Henry B. Tippie College of Business are among the better known prediction markets in operation.

Because they represent a wide variety of thoughts and opinions - much like the markets as a whole - prediction markets have proven to be quite effective as a prognostic tool. As a result of their visionary value, prediction markets (sometimes referred to as virtual markets) have been utilized by a number of large companies - like Google, for example.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Prediction market — Prediction markets (also known as predictive markets, information markets, decision markets, idea futures, event derivatives, or virtual markets) are speculative markets created for the purpose of making predictions. The current market prices can …   Wikipedia

  • prediction market — noun speculative market with the purpose of making predictions Syn: predictive market, information market, decision market, idea future, event derivative, virtual market …   Wiktionary

  • Market (disambiguation) — Market may refer to: Market, an arrangement that allows buyers and sellers to exchange things Market economy Märket, an island shared by Finland and Sweden The Market, a specialized type of Safeway store. The Market, a Farm Fresh Supermarket… …   Wikipedia

  • Prediction — A prediction is a statement or claim that a particular event will occur in the future in more certain terms than a forecast. The etymology of this word is Latin (from præ before plus dicere to say ). Niels Bohr stated Prediction is very difficult …   Wikipedia

  • Prediction game — A prediction game is a game which allow users to guess at the outcome of future events. Prediction games are generally operated online and are free for users to play. Points are awarded to players who most accurately predict the outcome of an… …   Wikipedia

  • Market Intelligence — (often contracted to MARKINT) is a relatively new intelligence discipline that exploits open source information gathered from global markets. It relies solely on publicly available information such as market prices and ancillary economic and… …   Wikipedia

  • Prediction Company — was founded in Santa Fe, New Mexico, USA, in March 1991 by J. Doyne Farmer, Norman Packard and James McGill. The company uses various forecasting techniques to build black box trading systems for various financial markets. In September 1992… …   Wikipedia

  • Market timing — is the strategy of making buy or sell decisions of financial assets (often stocks) by attempting to predict future market price movements. The prediction may be based on an outlook of market or economic conditions resulting from technical or… …   Wikipedia

  • Market — For other uses, see Market (disambiguation). San Juan de Dios Market in Guadalajara, Jalisco …   Wikipedia

  • Prédiction statistique des résultats de football — La prédiction statistique des résultats de football est une méthode utilisée pour les paris sportifs afin de prédire l issue des matchs de football à l aide d outils statistiques. L objectif de la prédiction statistique match est de battre les… …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.