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100   $a20070517d2007      uy             0
101 0 $aeng
135   $aur|||||||||||
181   $ctxt
182   $cc
183   $acr
200 10$aPredictocracy$b[electronic resource] $emarket mechanisms for public and private decision making /$fMichael Abramowicz
210   $aNew Haven $cYale University Press$dc2007
215   $a1 online resource (1 online resource (xviii, 346 p.) ) $cill
300   $aBibliographic Level Mode of Issuance: Monograph
311   $a0-300-11599-7 
320   $aIncludes bibliographical references (p. 315-342) and index.
327   $aThe media -- Policy analysts -- Businesses -- Committees -- Regulatory bodies -- Administrative agencies -- Public corporations -- Courts -- Legislative bodies -- Predictocracy.
330   $aPredicting the future is serious business for virtually all public and private institutions, for they must often make important decisions based on such predictions. This visionary book explores how institutions from legislatures to corporations might improve their predictions and arrive at better decisions by means of prediction markets, a promising new tool with virtually unlimited potential applications. Michael Abramowicz explains how prediction markets work; why they accurately forecast elections, sports contests, and other events; and how they may even advance the ideals of our system of republican government. He also explores the ways in which prediction markets address common problems related to institutional decision making. Throughout the book the author extends current thinking about prediction markets and offers imaginative proposals for their use in an array of settings and situations. 
606   $aBusiness forecasting
606   $aEconomic forecasting
606   $aDecision making
606   $aForecasting
615  0$aBusiness forecasting.
615  0$aEconomic forecasting.
615  0$aDecision making.
615  0$aForecasting.
676   $a658.4/0355
700   $aAbramowicz$b Michael$01142949
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910777957803321
996   $aPredictocracy$93805946
997   $aUNINA