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Prediction Markets: A New Tool for Strategic Decision Making

机译:预测市场:战略决策的新工具

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摘要

Uncertainty is at the center of many of the most important strategic decisions made by private businesses and public agencies. Many of these decisions are driven by judgmental rather than data-rich uncertainties-the rate of climate change, the impact of globalization, the prospects for regional conflicts, the extent of environmental legislation, or the advancement of technology. To help improve the way these important judgment-driven decisions are made, an emerging tool-prediction markets-can improve this practice and thereby improve the quality of strategic decision making. While it is important not to be carried away by the latest fad, prediction markets will play a major role in improving the quality of strategic decisions in the future.
机译:不确定性是私营企业和公共机构做出的许多最重要战略决策的核心。这些决定中的许多决定是由判断力而不是数据不确定性决定的,这些不确定性是气候变化的速度,全球化的影响,区域冲突的前景,环境立法的范围或技术的进步。为了帮助改善这些重要的判断驱动决策的方式,新兴的工具预测市场可以改善这种做法,从而提高战略决策的质量。重要的是不要被最新的潮流所取代,预测市场将在未来提高战略决策的质量中发挥重要作用。

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