Prediction Markets for Faculty Decision-Making?

What with posts here about faculty dynamics and "echo-chamber" scholarship (I'm too much of a namby-pamby wimp to offer a view on these subjects; I just lurk), I offer a Cass Sunstein article, recently posted on SSRN, on how the lessons from prediction markets may help in overcoming the failings of group deliberation, as to which I offer a critique over at Legal Profession Blog.

The mind boggles at the possibilities. . . .