[P2P-F] Fwd: Wiktive market: instead of stocks, participants trade ideas

[Michel Bauwens]

---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson at gmail.com>
Date: Tue, May 17, 2011 at 11:43 PM
Subject: Fwd: Wiktive market: instead of stocks, participants trade ideas
To: econowmix at googlegroups.com


http://wiktive.com/wiktive_home.html

---------- Forwarded message ----------
From: S
Date: Sat, Apr 23, 2011 at 6:11 PM
Subject: Wiktive market: instead of stocks, participants trade ideas
To:


http://wiktive.com/wiktive_home.html

http://blog.blisspr.com/2011/04/20/what-do-game-theory-and-business-intelligence-have-in-common/

"Essentially, a Wiktive market functions like a simplified stock market
except, instead of stocks, participants trade ideas.  The “owner” of the
market (a business, an academic institution, what have you) poses a question
to the members of the market—a group of thought leaders hand-selected to
participate.  Then the idea generation (the wiki aspect) and the subsequent
trading of these ideas (the predictive market aspect) begin.  Any member of
the market can generate a solution to the question posed; these ideas are
then traded, like stock, within the market.  Each participant is given a set
amount of virtual money that can be used to buy ideas and all participants
have the power to both contribute ideas and to trade other people’s ideas.
 You “win” by having the “best” portfolio of ideas (conceptualized as those
trading at the highest price)."




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