Showing posts with label city government. Show all posts
Showing posts with label city government. Show all posts

Thursday, March 15, 2007

Prediction Markets Pittsburgh

Chris Briem wants to use prediction markets to guide Pittsburgh's renewal, and I think that it's a great idea. Chris is starting off with contracts (registered participants "buy" and "sell" these contracts, which determines a predicted market "value"; the thicker the market -- the more people participating -- the better the prediction):

  • When will a casino open in Pittsburgh?

  • Will the Penguins announce relocation on or before April 1st, 2007
  • (this one seems to be a non-starter, so I'm not including the link!)

    The markets are online at http://home.inklingmarkets.com/, but we need more contracts. How about:

  • Who will be the next Mayor of Pittsburgh?

  • What will be Pittsburgh's next breakout technology company?

  • When will the Steelers get back to the Super Bowl?

  • When will Allegheny County's Latino population reach 2% of the total?

  • Will Pittsburgh's Creative Class ever get the recognition and respect that it deserves?

  • and, of course,

  • Which store -- CoCo's or Dozen -- will win the local cupcake wars?