Prediction markets are virtual stock exchanges with a twist. Participants place their bets on particular events; for example, “who’s going to be the next US president?” or “what will be our revenue for next quarter?” The market prices serve as an indicator of the probability of these events occurring. Prediction markets have been applied in a variety of contexts. Many corporations are beginning to use the concept to gauge which ideas and innovations might be successes in the marketplace. Discover how prediction markets can help your organization with this Resource List. It contains 18 carefully selected books, websites, and other resources to help you better understand prediction markets.
