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| To '''bet''' on outcomes is the entire basis of [[market]] dynamics. It is not optional in thinking about markets. There is some question as to whether bets could play a constructive role in the [[Content Wiki]]. Here is a suggestion that they might:
| | There will absolutely be no betting involved in [[Consumerium]] neither in [[Content Wiki]] nor in [[Opinion Wiki]]. We are facing enough challenges and problems without betting. You will have to take your gambling urge to the [[w:Stock market]]. |
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| [[Prediction market]]s are a committed way to "put a bet on record" which helps others to see which bets you really believe, versus those you make just casually. Unlike bets in the [[commodity market]]s or [[currency market]]s, a prediction is normally attributed to some person, who may be trying to build up a reputation for successful prediction. But the voting, debating, etc., around the bet is the point - the commitment and the contrast between people taking up opposing positions, helps focus that and concentrate it on a specific test - the same way scientific theories exist to focus attention on one experiment. | |
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| For an excellent example of how bets and commitment to taking one side of a bet can focus political debate, see http://www.longbets.org/129
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Revision as of 18:33, 22 February 2004
There will absolutely be no betting involved in Consumerium neither in Content Wiki nor in Opinion Wiki. We are facing enough challenges and problems without betting. You will have to take your gambling urge to the w:Stock market.