With everyone hunting for realistic predictions about the swine flu pandemic, there’s no better place to look than the brand new Iowa Electronic Health Market (IEhM), brought to you by the people who have run the famous Iowa Electronic Political Market for more than 20 years.
The IEhM connects health care experts across the globe to predict the outbreak and spread of various diseases. It currently offers markets on Influenza, Swine Flu, and Syphilis. Each trader is given $100 worth of educational grant to stake on his or her predictions. The operation is funded by grants from government agencies and private foundations.
On both technical and humanistic fronts, the IEhM pushes the envelope. It is certainly the most socially valuable prediction market in existence. NewsFutures is very proud to play a bit part in this great endeavor, having provided the University of Iowa with the prediction market platform with which the IEhM has been developed (with extensive customization by the very talented IEhM development team).