Top 10 List of popular Mercury’s Blog Posts
August 17th, 2007If you're new here, you may want to get Mercury's Blog by Email or subscribe to my RSS feed. Thanks for visiting!
As we move into what I hope will be a great August weekend for you, I wanted to provide a run-down of some of the more popular articles on Mercury’s Blog, courtesy of Google Analytics.
5 Top “Hands-on” posts to get your Prediction Market project started:
1- Structuring your market
This post talks about the scope of different options you have when assembling the structure of your prediction market. I discuss continuous double auction (CDA), algorithms (such as MSR or DPM), and other options.
2- Developing a business case for Prediction Markets
In this post from February I discuss three different broad uses of prediction markets, and how to develop a business case for each.
3- Setting Initial Conditions for Prediction Markets
In this post I wanted to impress upon readers the various considerations for a prediction market’s “Initial Conditions,” the initial stake provided to traders and timescales of contracts.
4- Motivating the ranks
To have a successful prediction market means that you need to get people to participate. This post talks about how you can make that happen.
5- Forecasting Error Calculator
My apologies if you’ve had trouble accessing this before, but the problem should be fixed. Follow this link to download an Excel Forecasting Error Calculator, that should help you determine how much your current forecasting errors are costing you, and generate a business case for starting a prediction market.
5 Other top posts - Prediction Market design and Industry commentary
- Notes from the San Diego Prediction Markets Conference
- Prediction Markets for the Stock Market? Huh?
- Thinking about Real Money Trading
- Educating Traders - Including Lessons from Betfair
- Industries Ripe for Prediction Markets
Thank you to all of you for reading, and I look forward to posting more on these and other topics in the coming weeks and months.
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