NITLE Prediction Markets

NITLE Prediction Markets

Will the majority of institutions be using an open-source learning/course management system by spring 2010?

This innocuous question is part of a series of market variables, each with its current value. The value of that proposition as of today is US$46.01, which means the “market” (of investors/predictors) believes that the chance of a “YES” answer are 46%.

At NITLE Markets you get $5,000 (virtual money, of course) to invest. When you buy a share, its value goes up. The Markets interface will tell how much you have to pay to raise the value a certain amount. It also displays a graph of the share’s variations during different time frames, and you can add comments, too.

Regarding that statement at the beginning? I am already losing 1 cent per share…, but I’ll stick to my investment!

NITLE Predictions Markets was started by Bryan Alexander, author of Infocult, a blog on information: its culture, history, and role in teaching and learning. NITLE is the National Institute for Technology in Liberal Education. It helps liberal arts colleges explore and implement digital technologies.

About Antonio Vantaggiato

Professor, web2.0 enthusiast, and didactic chef.
This entry was posted in education, information, web-20 and tagged , . Bookmark the permalink.

4 Responses to NITLE Prediction Markets

  1. antoniovantaggiato says:

    Very true, Bryan! This is why your idea is so valuable, I think.

    BTW, great pres today at the NMC Future symposium!

    Antonio (Skate)

  2. I'm terrific at losing money in the markets, Skate. Which is great – it means I'm learning from other folks.

  3. antoniovantaggiato says:

    Very true, Bryan! This is why your idea is so valuable, I think.
    BTW, great pres today at the NMC Future symposium!
    Antonio (Skate)

  4. I'm terrific at losing money in the markets, Skate. Which is great – it means I'm learning from other folks.

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