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Let's move on. — What about a collective blog for the prediction market industry? — (And what about funding Chris Masse's projects?) — by Chris. F. Masse — 2006-06-30 — Updated (including addenda): 2006-09-16


The questions I pose today to Enterprise Commanders are these:

1. What are Chris Masse's achievements?
2. What are Chris Masse's projects?

1. What are Chris Masse's achievements?

1. The only prediction market resource listed in the American Economic Association's directory (Resources For Economists), besides the 5 main prediction exchanges. Also listed by AEI-Brookings (a bipartisan D.C. think tank).
2. Probable current Google PageRank of 6/10. (Since April 4th, my 2005 awards webpage has a GPR of 6/10. Since then, this GPR has probably spread all over my website. We'll see. The next Toolbar PageRank Export is expected in mid-July. I'm optimistic.)
3. On the blogroll of Professor James Hamilton (GPR 7/10), Professor Bainbridge (GPR 7/10), Wall Street pundit Donald Luskin (GPR 6/10), Chief Economist Hiroshi Yamaguchi (GPR 5/10), Chicago Boyz (GPR 7/10), and many others. Often linked to by Professor Tyler Cowen at Marginal Revolution (GPR 7/10).
4. Continuously ranked by Google in the top ten for the phrase "prediction markets".
5. Almost always the #1, according to Google, in terms of linking to the main prediction exchanges (and bookmakers). See the example for InTrade. See the example for TradeSports. See the example for NewsFutures. (In the Google box, replace "intrade", "tradesports" or "newsfutures" by whatever domain name you want, and see by yourself.)
6. The scholarly reference for prediction market researchers.
7. A gathering spot for all the players of the prediction market industry. All the big names you can think of are on my subscriber list. 
8. Generally speaking, an élite readership. Mainly, people at the crossroads between markets and technology. (As George W. Bush said, jokingly: "Some people call you the élite, I call you my base.")

2. What are Chris Masse's projects?

1. A Google PageRank of 7/10. I think it's the minimum to be really influential on the Internet.
2. Generally speaking, I aim at quality.
3. Reporting on the two branches of the prediction market world: the trading side, and the predictive side. Only the latter is reported in scholarly journals (the only exception in 18 years has been the last Wolfers/Zitzewitz paper, in their chapter one). It's a falsification to say that the primary purpose of the prediction markets is to aggregate information.
4. A collective blog of prediction markets. Probably using the open-source software WordPress. (Thanks to Mike Linksvayer, Chris Hibbert and David Perry for sharing technical information on this blogging software.) This is just a project at this time. The purpose of this journal posting is to test the water with my readers. There are other projects for a collective blog, but mine is the best. Chris Masse has a knack for Internet marketing, and that's what it is all about. Check the Google PageRank of my competitors, if you want to have a good laugh. Writers (scholars, entrepreneurs, consultants) would be interested in committing to this collective publication so as to attract publicity for their research, their prediction exchange, or their consultancy firm.
5. Minding the bloggers' prediction markets, which I called the X groups. (The ability to choose a name is a sign of power.)
6. Minding the X universes, which will go beyond the X games. (The ability to assign a vision to an industry is also a sign of power.)

Question: Is my analysis dominantly correct or dominantly incorrect?

Thanks for hanging in there with me!

• May the Force be with You.

Chris Masse

• Next story: Bookmakers (a.k.a. sportsbooks) versus prediction markets? — (Which ones should the media cite?) — by Chris. F. Masse — 2006-07-01
• The collective blog of prediction markets
• The smartest journal covering the prediction markets
• The Web's best explainer on prediction markets (and decision markets)
• The Universe's premier vertical portal to prediction markets
• The sidebar blog of prediction markets
• Information technology colophon
• About Chris Masse
• Chris. F. Masse .COM

Addenda


2006-07-06: At the end of last month, I laid out some objectives assigned to my Web publication. One was popularity.

• CFM is now #3 at Google. THANKS TO ALL THE PEOPLE WHO HAVE LINKED TO CFM: Resources For Economists, AEI-Brookings, TradeSports, Consensus Point (Dave, you rock!), professor James Hamilton, Professor Bainbridge, Wall Street pundit Donald Luskin (the chief investment officer of Trend Macrolytics), Chief Economist Hiroshi Yamaguchi, Chicago Boyz (eternal thanks to you, Jonathan Gewirtz), Professor Tyler Cowen at Marginal Revolution, the Johnny Walker-inspired Jason Ruspini, and many others (who are by now mad at me that I haven't named them, and who are swearing to themselves that they will never, ever, link to such an ungrateful personage).
• The objective is to be on the top spot at Google, and to stay there until the end of the space/time continuum as we know it (providing that this expression really means something in physics). I have many objective reasons to believe I can make it. (In the near future, in The Journal of Prediction Markets, I will elaborate more about the Internet marketing of the prediction market industry's players. It's an interesting topic.)
• As for the other objective, which is to get a Google Pagerank of 6/10, we have to wait till the next so-called "Toolbar Pagerank Export", expected in July (or August).
• The further objective will be to get to 7/10.
• Generally speaking, Chris Masse's long-term goal is world domination.

2006-07-??: Waiting for your comments...




Disambiguation

• Synonyms of "real-money prediction markets": event derivatives, European binary options, European call options, event-driven futures markets, event futures markets, idea futures markets, information futures markets, predictive market-based technology.
• Inappropriate terms: event markets, idea markets, information markets, opinion markets, predictive markets.
• Sub-category: "decision markets" are prediction markets used as decision tools.
• Synonyms of "real-money prediction exchanges": betting exchanges, peer-to-peer betting exchanges, P2P betting exchanges.

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