In this blog I plan to cover:
- Prediction markets
- Betting exchanges
- Social news aggregation services like Digg and Newsvine
What I plan to explore is does the wisdom of the crowds idea hold true in producing useful products and accurate predictions? I hope to conduct comparisons between sites, track performance, analyse why some sites are successful and others not, look at their usability and underlying mechanisms and finally explore what future developments could we see.
I plan to post about once per week, probably on a Sunday so stay tuned. A note on the name of the site: 'Big Hand Small Map' is a phrase which is commonly used in the British Army to describe a presentation where you don't really know the detail and therefore you have to wave your hands a lot!
