A hundred heads are better than one when predicting a public health pandemic. That's why the University of Iowa has launched the Avian Flu Market, an electronic market that asks health workers to predict when, where or whether avian influenza will spread around the world. The Robert Wood Johnson Foundation announced today it will give the university $245,685 for the study.
"If we can give a probability for those events happening, it could trigger preparedness plans from the World Health Organization," said Philip Polgreen, an assistant medical professor at University of Iowa and co-principal investigator for the market.
The Avian Flu Market and the university's Influenza Prediction Market, which has successfully predicted when the flu bug would hit Iowa, are spinoffs of the Iowa Electronic Markets, which have gained national attention for accurate predictions in presidential elections.
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