MarketExperiments

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Markets Inside Companies

This page based on a blog post. It has been updated since then. Chris Masse's year end summary of Prediction Markets activity for 2004 gave a pointer to an article from Time Magazine back in July that I had skimmed earlier. When I looked at it again, I found references to internal markets at Microsoft, Eli Lilly, and Intel that I hadn't noticed before. It seems worth the time to gather together references to all the internal market experiments I've heard about, since most of them haven't been written up formally as far as I've been able to tell.

Company	Subject	Organizer	References
HP	sales level	Charles Plott	Time, Plott & Chen
Eli Lilly	Drug efficacy	Eli Lilly	Time
Microsoft	developer acceptance of new releases	Todd Proebsting	Time
Intel *	assignment of chip production to plants	Tom Malone	Time
British Petroleum *	Pollution Credit trading	internal	Tom Malone: The Future of Work
Siemens	software development scheduling	Gerhard Ortner	Ortner
Google	software schedules, product deployment	Bo Cowgill, et. al	Google Blog
Corning, Arcelor	unknown	Emile Servan-Schreiber	MarginalRevolution Blog
Rite-Solutions	product ideas, suggestion box	internal	Home Page (look under Strokes of Genius:Innovation Engine), NYTimes
unnamed german mobile phone company	usage levels of new phone models	Spann & Skiera	Internet-Based Virtual Stock Markets for Business Forecasting

• The BP case was trading internal pollution credits, and the Intel case was an experiment rather than a full scale-deployment; all the others seem to have been Prediction Markets.

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