Don Thompson on prediction markets in political elections and business decisions

Who will win the election? Prediction markets are more accurate than the polls for prediction of the election results, according to Donald N. Thompson, an economist and professor of marketing, emeritus, at York University in Toronto, interviewed in this podcast: Let Your Employees Bet on the Company - HBR IdeaCast - Harvard Business Review (audio, 14 min).

"Dewey Defeats Truman", a famously inaccurate headline, Chicago Tribune,1948, from archives.gov