Business Prediction Exchange is a market for predicting future events like the price of oil, whether MySpace will surpass Yahoo as the most visitied site on the Web, or whether Apple will come out with a WiFi-enabled iPod. Each event trades a stock. Anyone can sign up for free and receive 100,000 BizPredict dollars to start trading. You buy the stocks/events that you think are most likely to happen, and the resulting price corresponds to the probability that it will happen, according to the collective wisdom of the market. This has been added to Prediction Markets Subject Tracerâ„¢ Information Blog. This has been added to Information Futures Markets Subject Tracerâ„¢ Information Blog.
posted by Marcus Zillman |
7:40 AM