From a young Mediterranean scholar who wishes to stay anonymous:

We need an Open Institute of Prediction Markets set up by prediction market scholars and/or practitioners, following a lot of successful and effective examples, like the International Institute of Forecasters.

Yeah.

International Institute of Forecasters:

The International Institute of Forecasters (IIF), a non-profit organization founded in 1981, is dedicated to developing and furthering the generation, distribution, and use of knowledge on forecasting through the following objectives:
- Develop and unify forecasting as a multidisciplinary field of research drawing on management, behavioral sciences, social sciences, engineering, and other fields.
- Contribute to the professional development of analysts, managers, and policy makers with responsibilities for making and using forecasts in business and government.
- Bridge the gap between theory and practice, with practice helping to set the research agenda and research providing useful results.
- Bring together decision makers, forecasters, and researchers from all nations to improve the quality and usefulness of forecasting.

Sounds great.

I’d vote “yes” on your proposal, GEORGE TZIRALIS. [Sorry to blow your cover, man.]

Previous: The Economist should set up The Open Institute of Prediction Markets.

Addendum: George Tziralis votes “yes”, too.