News + Musings

Inkling Incorporated. Prediction markets. Opinion polls. Idea evaluation.

Friday, September 30, 2011

Crowdsourced approach to criminal justice analysis

We've been working with some Professors at Seattle University's Department of Criminal Justice for a little while now and wanted to highlight some nice pub they recently got for their project.

Excerpt and link to article:

http://www.jrsa.org/pubs/forum/forum_issues/for29_3.pdf

The Criminal Justice Prediction Market (CJPM; www.cjmarkets.net) was created by professors Matthew J. Hickman and Stephen K. Rice of Seattle University with the following goals: (1) to provide a marketplace in which interested academics, criminal justice practitioners, and others can "trade" (i.e., take positions on) interesting questions/issues in criminology and criminal justice and contribute to collective prediction; (2) to provide a pedagogical tool for criminal justice educators and students who wish to explore the utility of prediction markets with regard to criminal justice topics; and (3) to address the quality and timeliness of crime statistics by exploring the potential for creating market-based incentives for their improvement.
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