WASHINGTON - The Pentagon (news - web sites) is setting up a stock-market style system in which investors would bet on terror attacks, assassinations and other events in the Middle East. Defense officials hope to gain intelligence and useful predictions while investors who guessed right would win profits.
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.