Alas, that paper is not free to access.

Andrew McAfee&#8217-s post reveals this:

Prediction markets were (sic) very much like stock markets. They contained securities, each of which had a price. [&#8230-]

–

Not sure why they used the past tense.

–

Prediction markets are in fact event derivative markets.

–

Papers from Robin Hanson, Justin Wolfers, Eric Zitzewitz, Koleman Strumpf, etc., are free to download.

–

Via George Tziralis, of Ask Markets.

Previously: Do Google’s enterprise prediction markets work?

–

Previous blog posts by Chris F. Masse:

• “Annette 15”, the once-hot female poker star sponsored by BetFair Poker, does blog only twice a month on the official BetFair blog… when she blogs at all… if you call that blogging.
• Inkling Markets bring in awards, honors, advisors, and new clients —leaving competition in the dust.
• No need of enterprise prediction markets to boost intra-corporation communication
• Inkling Markets is included in the 2008 list of “Cool Vendors” by Gartner.
• BetFair-TradeFair has won its second Queen’s Award for Enterprise in its eight-year history.
• Inkling Markets is one of the “Hot Companies To Watch In 2008”, according to Forrester.
• Plenty of great news coming from Inkling Markets in the coming weeks