Mar
25
New Paper on Idea Markets
New paper on Idea Markets from Kellog Professor Marco Ottaviani: The Design of Idea Markets: An Economist’s Perspective.
Idea Exchange is mentioned with this frase:
“The design of Nosco’s Idea Exchange market seems much less prone to manipulation. There, traders cannot buy their own ideas. In addition, rather than automatically allocating the budget to the idea with the highest price, serious (subjective) consideration is given to the top ten ideas.”

[...] as The Design of Idea Markets: An Economist’s Perspective (wich we mentioned in an earlier post) and Examining Trader Behavior in Idea Markets: An Implementation of GE’s Imagination [...]