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Timeline of prediction markets

301 bytes added, 23:36, 16 November 2018
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|2005
|Research
|An article in ''[[wikipedia:Nature (journal)|Nature]]'' states how {{W|Eli Lilly and Company }} used prediction markets to help predict which development drugs might have the best chance of advancing through clinical trials, by using internal markets to forecast outcomes of drug research and development efforts.<ref>{{Cite journal|last=|first=|date=2005-11-17|title=Wisdom of the crowd|url=http://dx.doi.org/10.1038/438281a|journal=Nature|volume=438|issue=7066|pages=281–281|doi=10.1038/438281a|issn=0028-0836|via=}}</ref>
|-
|2005
|2007
|Publication
|First issue of the ''Journal of Prediction Markets'', with Leighton Vaughan Williams of the Nottingham Business School as editor.<ref>{{Cite web|url=https://web.archive.org/web/20130308150634/http://ubplj.org/index.php/jpm/issue/view/49|title=Vol 1, No 1 (2007)|date=2013-03-08|access-date=2018-09-04}}</ref>
|-
|2007
|2008
|Publication
|A ''[[wikipedia:The New York Times |New York Times]]'' article discusses the use of prediction markets at InterContinental Hotels, Best Buy, Cisco Systems, GE Healthcare, General Mills, ArcelorMittal, Swisscom, and others. <ref>{{Cite news|url=https://www.nytimes.com/2008/04/09/technology/techspecial/09predict.html|title=Betting to Improve the Odds|last=Lohr|first=Steve|access-date=2018-09-23|language=en}}</ref>
|-
|2008
|2013
|Research
|A meta-analysis indicates that "Various studies highlight that prediction markets are a reliable forecasting tool, which can be easily applied in larger settings and are applicable for short-run and long-run predictions.", that "prediction markets possess certain advantages like immediate feedback, transparency over all alternatives and the generation of fun during consensus building through game mechanics." over incentivizing experts directly, but that research is still at the beginning.<ref>{{Cite web|url=https://ieeexplore.ieee.org/abstract/document/6550607|title=Accessing Knowledge with a Game -- A Meta-analysis of Prediction Markets - IEEE Conference Publication|website=ieeexplore.ieee.org|language=en-US|access-date=2018-09-30}}</ref>
|-
|2013
|2015
|Launch
|Jack Peterson and Joey Krug register the Forecast Foundation OU in Estonia, the parent organization of the decentralized prediction market [[wikipedia:Augur (software)|Augur]] based on {{W|Ethereum}}.<ref>{{Cite web|url=https://web.archive.org/web/20180830180936/https://www.infoproff.com/en/companies/regcard/EST7851930/12894333|title=Wayback Machine|date=2018-08-30|access-date=2018-09-04}}</ref>
|-
|2015
|2018
|Launch
|Official launch of [[wikipedia:Augur(software)|Augur]], a decentralized prediction market based on Ethereum.<ref>{{Cite web|url=https://web.archive.org/web/20180710084918/https://medium.com/@AugurProject/augur-launches-794fa7f88c6a|title=Augur Launches – Augur – Medium|date=2018-07-10|access-date=2018-09-04}}</ref>
|-
|2018
== Meta information on the timeline ==
The initial version of the timeline was written by [[User:Orpheus Lummis|Orpheus_LummisOrpheus Lummis]].
{{funding info}} is available.
Feedback for the timeline can be provided at the following places:
* TBD [https://www.reddit.com/r/TimelinesWiki/comments/9m6s0n/timeline_of_prediction_markets/ reddit]* TBD [https://www.facebook.com/groups/TimelinesWiki/permalink/2164760973764256/ Facebook]* by emailing [mailto:o@orpheuslummis.com info o@orpheuslummis.cominfo]
=== Timeline update strategy ===

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