GE Imagination Market License
19 views
Skip to first unread message
jheuristic
Jun 14, 2009, 8:20:26 AM6/14/09
to Prediction Markets
License Agreement Provides Access to Successful GE Imagination Market
-- Comprehensive Innovation Management Process...
http://bit.ly/7J9Go
-j
Emile Servan-Schreiber
Jun 15, 2009, 4:45:43 PM6/15/09
to Predictio...@googlegroups.com
That's pretty funny, considering that the creator of the GE Imagination Market herself concludes in several published papers that "using markets to rank ideas may be no better than other methods of idea ranking,"(1) and that "a survey of market participants yielded mixed results regarding the market's effectiveness at ranking ideas."(2) Elsewhere, on GE's own blog, one of those participants details at length the conceptual and practical incoherence of such self-referential "preference markets".(3)
(1) http://portal.acm.org/citation.cfm?id=1265501
(2) http://www.ingentaconnect.com/content/ubpl/jpm/2009/00000003/00000001/art00004
(3) http://www.grcblog.com/?p=378
(1) http://portal.acm.org/citation.cfm?id=1265501
(2) http://www.ingentaconnect.com/content/ubpl/jpm/2009/00000003/00000001/art00004
(3) http://www.grcblog.com/?p=378
Reply all
Reply to author
Forward
0 new messages