Monthly Archives: July 2007

Robin Hanson’s decision markets —thru Tyler Cowen’s eyes

Posted on July 30, 2007 by Chris F. Masse

EXCERPTS – Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist. Robin believes that betting markets should be used to rule many human affairs, including government policy. We should bet [*] … Continue reading →

Posted in Analysis (Market Calls), Analysis (Meta), Collective Decision Making, Collective Forecasting, X Universes | Tagged , , , , , | Leave a comment

Where is the libertarian critique of Justin Wolfers’ Op-Ed on point-shaving betting in the New York Times?

Posted on July 30, 2007 by Chris F. Masse

Nowhere. Not on Freakonomics. Not on Marginal Revolution. Not on Caveat Bettor. Nobody asked the good questions: Why is it that point-shaving betting is so popular? Could it be that bettors like point-shaving betting very much for good reasons? And … Continue reading →

Posted in Analysis (Industry), Betting, Politics, Regulations | Tagged , , , , , , , , , , , , , , , | 3 Comments

Event derivative trader Vancheeswaran has been expelled from the TradeSports-InTrade forum.

Posted on July 29, 2007 by Chris F. Masse

And, of course, no reason was cited. Trade Exchange Network Membership Information Dear vancheeswaran, The site administrators have removed your access rights: Violation of T&Cs powered by eve community<http://eve.groupee.com/landing/goto.php?a=community> Hummm… Quite vague. Do they dislike the truth, at Intrade-TradeSports? Here … Continue reading →

Posted in Ethics, Exchanges & Markets, Internet Marketing - Internet Commerce | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Guess where Flutter founder Vince Monical is working right now??

Posted on July 29, 2007 by Chris F. Masse

At Google, of course. As “Director of Commerce and Analytics”. – Flutter was bought out by BetFair in December 2001 —a “merger”, they said. – Justin Wolfers knows Vince Monical too well. PDF

Posted in Business, Exchanges & Markets, History | Tagged , , , , , , , | Leave a comment

IPO Price Discovery

Posted on July 29, 2007 by Brian Shiau

Since the launch of the simExchange, stocks and futures contracts have debuted at a price suggested by the submitter of the game with some adjustment by the admins of the simExchange. This price was generally too high or too low, … Continue reading →

Posted in All Guest Authors's Posts, Exchanges & Markets, Market Trading, Mechanism Designs | Tagged , , , , , , , , | Leave a comment

Boeing X-48B prediction markets, anyone??

Posted on July 29, 2007 by Chris F. Masse

Air Force Times – Blended-wing aircraft starts test flights — Psstt… On July 9, 20007, we asked for ScramJet prediction markets. PopSci’s PPX has just opened a prediction market on whether a scramjet-powered vehicle will reach a top speed of … Continue reading →

Posted in Analysis (Market Proposals), Exchanges & Markets, Inventions & Innovations | Tagged , | Leave a comment

TYLER COWEN’S BOOK – Discover Your Inner Economist: Use Incentives to Fall in Love, Survive Your Next Meeting, and Motivate Your Dentist.

Posted on July 29, 2007 by Chris F. Masse

ASKING THE MIDAS ORACLE READERS TO CHEAT ON TYLER COWEN. DO YOU KNOW THE URL OF TYLER COWEN’S SECRET BLOG?? IF YES, PLEASE, SEND ITS URL TO CHRIS MASSE. ANONYMITY GUARANTEED. AND I PROMISE I WON’T PUBLISH IT. [I’m testing … Continue reading →

Posted in Economics, Ethics, Internet Marketing - Internet Commerce, Psychology | Tagged , , , , , , , | Leave a comment

How to win on the Betfair markets

Posted on July 29, 2007 by Pete Nordsted

Just a little about myself. My name is Pete Nordsted I am a Betfair accredited trainer and I have been trading on Betfair now for the last 3 years with a modicum of success and am now getting better by … Continue reading →

Posted in All Guest Authors's Posts, Betting, Exchanges & Markets, Market Trading | Tagged , , , , , , , , , , , , , , , | Leave a comment

Book Summary of Steve Levitt’s Freakonomics on YouTube

Posted on July 28, 2007 by Chris F. Masse

Book Summary of Steve Levitt’s Freakonomics on YouTube – Part 1 Book Summary of Steve Levitt’s Freakonomics on YouTube – Part 2 Book Summary of Steve Levitt’s Freakonomics on YouTube – Part 3 + YouTube – Steve Dubner’s Freakonomics lecture … Continue reading →

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How to expand the offerings of real-money and play-money event derivatives

Posted on July 28, 2007 by Chris F. Masse

#1. DIY prediction markets, a la Inkling Markets. Con: nobody will come to trade it. #2. Ask the big prediction exchanges (BetFair, TradeSports-InTrade, NewsFutures) to float your X proposals. Con: very difficult to get the higher-ups to listen to you. … Continue reading →

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