[pessimizer]

I really like this idea, and he seems to have gotten a good way into trying to formalize it.

I think there should be a lot more gambling carefully designed and introduced into processes and institutions, and that the reason we don't do it is because of an almost religious reverence for markets, and the idea that they are natural. There is nothing natural about a market; what they are is useful. They are artificial, intentional situations that converge to a particular desirable outcome, and an effort is made to remove all fluff and friction that doesn't encourage that outcome. A price auction is a game, and it's designed by the people who certify and enforce the sale.

Having different departments estimate potential gains and quantify what they're willing to risk for those gains, and having developers decide whether they can get something like that done for that amount, and using the success of those wagers for accounting purposes seems like it has a lot of potential. Your product manager might just be a full time bookie, looking at every step in the process and trying to figure out whether bets that have been made by different departments will pay off, and trying to match bets against each other to come out even. His job would be to give everyone credit to bet with (and to "cut off" bad bettors.)