Monday, April 26, 2010

Twitter Beats Prediction Market

As we learn more about UGD (user generated data) and prediction markets, there's an article in fast market that discusses the intersection of the two. The article claims that Twitter is more accurate that some current methods (Hollywood Stock Exchange) at predicting how well a movie will do in it's first couple weekends of release.

http://www.fastcompany.com/1604125/twitter-predicts-box-office-sales-better-than-anything-else

Linda

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