University of Iowa News Release
Dec. 22, 2003
UI Alumni Association Sponsors Iowa Electronic Markets Presentation
The University of Iowa Alumni Association, the Henry B. Tippie College of
Business and the Linn County Iowa Club are co-sponsoring a Lifelong Learning
program about the Iowa Electronic Markets (IEM) on Thursday, Jan. 8. The
presentation will begin at noon at the UI's Cedar Rapids Education and Conference
Center, 221 3rd Ave. SE.
Since its inception during the 1988 U.S. presidential election the IEM has gained a reputation for forecasting election results with great accuracy. The IEM has recorded an average prediction error of 1.37 percent, compared with an average of 2 to 2.5 percent for polls.
Neumann will detail the history of the Iowa Electronic Markets and will discuss the current markets for the 2004 presidential election. He will also describe new developments in the IEM, including how the electronic markets are being used to gather information for government and private firms.
The Thursday luncheon program is free and open to the public, although space is limited. For more information or to register by the Jan. 5 deadline, contact the UI Alumni Association at 1-800-IOWALUM (469-2586) or register online at: www.iowalum.com/lifelonglearning.
STORY SOURCE: University News Service, 300 Plaza Centre One, Iowa City, Iowa 52242-2500
MEDIA CONTACT: George McCrory, 319-384-0012, firstname.lastname@example.org
OTHER INFORMATION: http://www.biz.uiowa.edu/iem/