In preparation for its first multi-candidate campus visit, the University of Iowa Democrats today announced a partnership with Predictify to predict the likely outcomes of the much-anticipated political events of 2008. As part of the deal, the University of Iowa Democrats will post a series of questions on Predictify (http://www.forbes.com/markets/feeds/afx/2007/10/30/afx4278155.html) in predicting the October 2007 Consumer Confidence Index. Predictify users predicted an index level of 98.9, while the economists predicted 99.4; the actual outcome was 95.6.
Unlike prediction markets, Predictify uses a simple question-and-answer model to capture the full distribution of predictions, not just the average. Anyone can sign up to be a member,
post their own questions and analyze the results with easy-to-use graphical tools. Members can also find events that interest them, predict the outcome, build a reputation based on
accuracy and even get paid real money when they're right. Best of all, it's free - no points or bets are required.
The first two questions posted by the University of Iowa Democrats on Predictify are:
- Who will win the Iowa Republican Caucus on January 3rd, 2008
- Who will win the Iowa Democratic Caucus on January 3rd, 2008
There are several more questions to come. Sign up on www.predictify.com.
About University of Iowa Democrats
The University of Iowa Democrats, with over 1,200 members, serves as an umbrella organization for campus student groups focused on Democratic politics. The club supports Democratic Party
initiatives but does not usually endorse a particular candidate. The University of Iowa Democrats can be found on the Web at