Comments on: WET BLANKET OR BUBBLE BUSTER? — Charles Plott (a big-shot economist) condemns all the hype surrounding the prediction markets and the wisdom of crowds. http://www.midasoracle.org/2008/05/13/charles-plott-prediction-markets-hype/ Prediction Markets For All Wed, 07 Jan 2009 22:58:55 +0000 http://wordpress.org/?v=2.7 hourly 1 By: ABC 20/20 — A good (but servile) explainer on the wisdom of crowds and the prediction markets | Midas Oracle .ORG http://www.midasoracle.org/2008/05/13/charles-plott-prediction-markets-hype/#comment-18652 ABC 20/20 — A good (but servile) explainer on the wisdom of crowds and the prediction markets | Midas Oracle .ORG Fri, 16 May 2008 07:51:43 +0000 http://www.midasoracle.org/?p=6895#comment-18652 [...] markets or earthquake prediction markets could serve a societal purpose. That is complete bullshit. That is pure hype. As I said yesterday, an analyst should check whether a given prediction market is really able of [...] [...] markets or earthquake prediction markets could serve a societal purpose. That is complete bullshit. That is pure hype. As I said yesterday, an analyst should check whether a given prediction market is really able of [...]

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