Stratecon Water Policy Marketplace was developed as the platform for our prediction markets. Thousands of prediction markets have been used by the public and private sector to improve planning and decision-making. We believe it’s time for the water industry to embrace the potential power in the collective wisdom of prediction markets. We invite you to join the crowd in our new venture and make your predictions, as we address pressing future events confronting the water industry. Your participation is free.
Prediction markets harness the “wisdom of crowds” to judge what people with many different backgrounds and viewpoints on a particular issue believe the issue’s outcome will be. Stratecon is bringing this tool that crowdsources forecasting to the water industry to provide clarity on issues that otherwise have high levels of uncertainty.
Individuals are invited to express their opinions on the outcome of key water issues, and software developed by our partner, Inkling Markets, does the work to aggregate the opinions that have been expressed and calculate a probability of the outcome occurring. More advanced users can use the advanced interface, where they provide their input by using a fantasy current to trade contracts tied to outcome of a particular uncertain future event.