ManagementByMarkets

Using markets (particularly PredictionMarkets) inside companies

http://www.newsfutures.com/pdf/TheEndOf_Management.pdf

So ...

MicroSoft are trying it, to predict how fast technologies will be adopted. And how many bugs will be found ...

Aparently an ethical problem with companies asking employees to bet their own money. Maybe an oportunity for an external, third party?

Usual problem though. You have a set of outcomes and their prices, but who defines these outcome / commodities. (Like who decides on the input nodes in the NeuralNetwork) Or how do you decide the categories? (ImmanuelKant : "Thoughts without content are empty, intuitions without concepts are blind.") This is actually a sort of Modularity issue isn't it? How do you draw the boundaries around tradable commodities. So see also OnModules / PropertyModules.

Run a country by markets : FuturArchy

See also :

• ManagementByJournalism

• AlternativesToCompanies

• TheMarketLogicOfInformation

• OnMarkets