I hung out at the Yahoo! campus last night for the free confab they sponsored titled: Prediction Markets: Tapping the Wisdom of Crowds.
This is very, very cool stuff. The conversations were moderated by James Surowiecki of Wisdom of Crowds fame, with speakers from Microsoft, Yahoo, Google, and HP, as well as the master theorist of prediction markets Robin Hanson of GMU.
Here’s some background on prediction markets. Here are some notes. Here is a post about the internal Yahoo currency they use on their prediction markets. This is David Bennock’s blog (Yahoo! Research) — I’m subscribing.
I’m going to do some reading and research and will post my own notes and thoughts in the near future.