Some businesses have employees create a form of futures markets on a subject of importance to the company. They feel that certain points of view, though a gamble, can be prescient, if the gamblers or speculators have no inherent bias in their choices.
Future projections on business concerns always are difficult to estimate. Thus, if any can be predicted with more independent accuracy, they would be welcome.
But caution is in order. For such markets to have value, they must have lots of independent input volume. Sampling should be efficient and unbiased.
I find that is more easily said than done in most business projections. Future markets, though, may have their place in foretelling political outcomes and general marketing concepts.
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