Using Prediction Markets to Track Information Flows: Evidenc...

Using Prediction Markets to Track Information Flows: Evidence from Google

The paper analyzes Google's internal prediction markets, highlighting biases such as optimism, correlations in trading among proximate employees, and insights into how organizations process information and communicate.

static.googleusercontent.com

RelatedInsightsHighlights

Corporate Prediction Markets: Evidence from Google, Ford, and Koch Industries

The document examines the efficiency of corporate prediction markets at Google, Ford, and Koch Industries, and finds that despite some inefficiencies, these markets perform reasonably well.

erim.eur.nl

companies have a strong incentive to exploit behavioral biases, including availability, unrealistic optimism, and anchoring.

Richard H. Thaler • Nudge: The Final Edition

A few months ago I was at a conference where Robin Hanson spoke about prediction markets.[1] He argued that given how much of companies' outcomes are driven by who they choose to hire, and how non-rigorous the process of selecting employees and revisiting those selections is, there's a literal trillion-dollar opportunity in getting it right.... See more

Corporate Prediction Markets: Evidence from Google, Ford, and Koch Industries

Richard H. Thaler • Nudge: The Final Edition

Byrne Hobart • How Many Trillion-Dollar Companies Should There Be?