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Record W1498192041 · doi:10.5750/jpm.v3i1.455

THE DESIGN OF IDEA MARKETS: AN ECONOMIST’S PERSPECTIVE

2012· article· en· W1498192041 on OpenAlexaff
Marco Ottaviani

Bibliographic record

VenueThe Journal of Prediction Markets · 2012
Typearticle
Languageen
FieldDecision Sciences
TopicAuction Theory and Applications
Canadian institutionsKellogg's (Canada)
Fundersnot available
KeywordsIncentiveProcess (computing)Perspective (graphical)EconomicsManagement scienceComputer scienceMicroeconomicsMarketingBusinessArtificial intelligence

Abstract

fetched live from OpenAlex

GE is pioneering the development of market-based methods for allocating research budget to internal projects. To be effective, a market for ideas must provide appropriate incentives for the creation of valuable ideas and it must result in sufficiently accurate evaluation of ideas. The main tenet behind GE’s Idea Market is that improvements in the evaluation of research ideas should foster incentives for idea creation. Indeed, idea creation and idea evaluation are complementary activities. For an idea to be successful, it is not enough that the idea be good. It also helps if the idea is recognized as good by those who evaluate it. As the evaluation process becomes more accurate, good ideas are more likely to be funded. Thus, incentives for the creation of ideas are enhanced when ideas are evaluated more accurately.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.026
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.690
Threshold uncertainty score0.894

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0260.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.001
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.078
GPT teacher head0.360
Teacher spread0.282 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations6
Published2012
Admission routes1
Has abstractyes

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