Nickname: apple1

Review: This was a very interesting article. I have been interested in predictive markets for quite some time.

Date reviewed: Sep 24, 2006 1:04 AM

Nickname: solomonrex

Review: Yahoo has been writing a few papers in this area and conducted a tech Buzz version of this market. I like the movie exchange idea much better because of the complete quantitative feedback of the movies themselves. The Yahoo Buzz meter was based on percent share of searches in certain markets - such as mp3 players. But those markets all have to be defined and interpreted by the market players. Movies and box office returns are very straightforward in comparison. It's amazing that we've basically found a way to harness groupthink for a good (at least an economic) purpose.

Date reviewed: Aug 9, 2006 7:57 PM

Nickname: nofreelunch

Review: So why are we giving these already rich studios this information for free? Looks like all these users need to get paid for their efforts or stop giving out the free lunch

Date reviewed: Aug 8, 2006 4:46 PM

Nickname: anil

Review: This phenomenon of educated guessing has been very well explained in the book "The Wisdom of Crowds" by James Surowiecki.

Date reviewed: Aug 7, 2006 11:23 PM