Collectiwise

We build tools for collectives, such as companies or non-profit organizations, to make wiser and more intelligent collective decisions. A vast scientific literature has shown that prediction markets can harness a prediction power from a crowd that is greater than the prediction powers of the top experts. We extend prediction powers to decision powers, by making use of the fact that decisions are primarily predicated on conditional predictions (as well as on ethical considerations and personal preferences). In addition to adding decision nodes to the usual prediction market, we also shift from an anonymous market institution to a network of members of some collective, such as employees of a company. By allowing members to bet on any event that they see as relevant to their collective, we establish a safe and honest avenue of communication where employees and board members etc. can put their money where their mouth is and where they can meaningfully engage with other members and feel heard.