Friday, April 11, 2008

prediction markets

Frequent readers know that I have a lively, if uninformed, interest in the subject of nonprofit capital markets. Yesterday's NYT story on prediction markets in large corporations is another clipping for the file. Lately, my favorite site for following the rise & fall of political candidates is Intrade, one of the more established on-line prediction markets.

At the time it happened, I didn't post about the Rockefeller Foundation's $500K grant to a UK group for setting up a prototype "social stock exchange." These things are related, though perhaps not in a good way.

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