Creating accurate forecasts to inform planning processes and organisational decision making is a perennial organisational challenge and the focus of a substantial body of research in management science, information systems and related disciplines. Prediction markets are a relatively novel Group Decision Support System (GDSS) which can be applied to this problem. This paper presents a study which compares the forecasting performance of a prediction market to a small group of experts.
Buckley, Patrick and Doyle, Elaine, "A COMPARISON OF THE FORECASTING ACCURACY OF PREDICTION MARKETS AND EXPERT PRACTITIONERS (39)" (2016). UK Academy for Information Systems Conference Proceedings 2016. 12.