Question: When a company like Google, which allows its workers to widely distribute information, sets up its own prediction market, what is the outcome? The internal

When a company like Google, which allows its workers to widely distribute information, sets up its own prediction market, what is the outcome? The internal prediction markets used yield better, more accurate forecasts. This creates a knowledge problem due to the abundance of information. The internal prediction markets yield less accurate forecasts than analysts do. This refers to using internal analysts to do the forecasts

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!