Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
Is there any prediction market answer to the Davos Question? I bet that there isn’t any, because the successes of the prediction markets are incremental and not spectacular. Prediction markets are a tool of convenience —they have no magic in them.
Nevertheless, I propose that we send the boy scout of the prediction market field, Jed Christiansen, to the World Economic Forum —if he can endure the cold.
Max Keiser on Does InTrade participate on its own prediction markets?Max Keiser on Nate Silver: InTrade probability on ObamaCare is quite right.Max Keiser on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.
Jason Ruspini on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]
Paul Hewitt on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.
Chris F. Masse on We interrupt this report to bring you some Jazz.Chris F. Masse on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]Chris F. Masse on “InTrade should address this incident and suspend the account of whoever did this.”
Niall O'Connor on We interrupt this report to bring you some Jazz.Niall O'Connor on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]