Analytics & Business Intelligence

Prediction Markets


Matthew Comstock
Associate Director of Financial Services
Medical School Administration

Tony Tsai
Staff Specialist Hlth and Adjunct Lecturer in Business
Stephen M Ross School of Business

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Presentation PowerPoint

Prediction Markets are an inexpensive, but reliable, replacement to traditional customer surveys and pooled expert opinion. Structured as betting exchanges, this market mechanism gives a quick read of an organization's situation at any given time. Leading companies are introducing the market-based BI systems to help with organizational decision-making.

Matthew Comstock and Tony Tsai presented:

  • Prediction markets from a theoretical and practical perspective.
  • Lessons learned from the U-M Health System pilot of markets dealing with operational performance.

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