Uncertainty is at the center of many of the most noteworthy tactical decisions made by private businesses and public agencies. Many of these decisions are driven by judgmental rather than info-rich uncertainties-the rate of climate change, the impact of globalization, the prospects for regional conflicts, the extent of environmental legislation, or the advancement of technology.
To help improve the manner these important judgment-driven conclusions are made, an emerging tool-prediction markets- can enhance this practice and thus enhance the quality of tactical decision making. Prediction markets will play a major role in improving the quality of tactical decisions in the future, while it's important not to be carried away by the latest fad.
Prediction Markets A New Tool for Strategic Decision Making Case Study Solution
PUBLICATION DATE: August 01, 2010 PRODUCT #: CMR467-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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