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Googling Yourself writes “Employees at Google are encouraged to place bets on Google’s prediction market — an exchange that tries to forecast events based on the money wagered on a specific outcome. Employees have made wagers with play money (Goobles, as in rubles) on questions like: will Google open a Russia

office? will Apple release an Intel-based Mac? how many users will Gmail have at the end of the

quarter? One tangible benefit to the company is that the market allows Google to track how knowledge disseminates in the company. A paper called “Using Prediction Markets to Track data Flows: Evidence From Google” discusses data flows in the company based on the prediction market documents and […]

Orginal post by CmdrTaco