Comments on: Structuring the Prediction Markets http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/ Prediction Markets, etc. Thu, 02 Feb 2012 23:13:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chris. F. Masse http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/#comment-8921 Chris. F. Masse Wed, 14 Mar 2007 08:53:31 +0000 http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/#comment-8921 Hi Jed Christiansen, Good explainer. Thanks. I will add it in my list. Explainers http://www.chrisfmasse.com/3/3/explainers/ Implementing Hanson’s Market Maker http://blog.oddhead.com/2006/10/30/implementing-hansons-market-maker/ Hi Jed Christiansen,

Good explainer. Thanks. I will add it in my list.

Explainers
http://www.chrisfmasse.com/3/3/explainers/

Implementing Hanson’s Market Maker
http://blog.oddhead.com/2006/10/30/implementing-hansons-market-maker/

]]> By: Jason Ruspini http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/#comment-8794 Jason Ruspini Wed, 14 Mar 2007 00:35:28 +0000 http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/#comment-8794 Algorithms are certainly more usable. Now, you could imagine a CDA market where the auction isn't visible to new users and where liquidity is always provided by the house, but in that case either the liquidity will be provided according to an algorithm -- or by discretion, in which case the information aggregation may be biased and broken. Algorithms are certainly more usable. Now, you could imagine a CDA market where the auction isn’t visible to new users and where liquidity is always provided by the house, but in that case either the liquidity will be provided according to an algorithm — or by discretion, in which case the information aggregation may be biased and broken.

]]> By: Jason Ruspini http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/#comment-8790 Jason Ruspini Tue, 13 Mar 2007 23:29:48 +0000 http://www.midasoracle.org/2007/03/13/structuring-the-prediction-markets/#comment-8790 Somehow the phrase "infinite liquidity" came to be associated with the DPM, but this concept is orthogonal to auctions vs. algorithms and is only relevant to real vs. play money markets. Somehow the phrase “infinite liquidity” came to be associated with the DPM, but this concept is orthogonal to auctions vs. algorithms and is only relevant to real vs. play money markets.

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