- Predictwallstreet.com
[http://www.predictwallstreet.com PredictWallStreet.com] provides continually updated forecasts of stock prices based on the collective wisdom of its users.
Users predict whether a stock price will go up or down. Before a user can view a prediction for a stock, however, they must make their own prediction.Fact|date=October 2008 Based on proprietary algorithms, all user predictions are weighted and combined.
Since the stock market moves based on the collective thinking of thousands of individuals, the more people who predict on PredictWallStreet.com, the more potentially useful the information on the site becomes.
The site was founded by Craig Kaplan, who studied under
Herb Simon atCarnegie Mellon University .See also
*
Iowa Electronic Markets
*Intrade
*The Wisdom of Crowds
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