Hal and Silas, endorsing this proposal does not mean that I would not prefer other proposals; it just means I prefer this to the status quo. Chris Masse is an example of someone who has difficulty accepting this endorsement concept.
-
Doc,
Why wouldn’t you:
- Gather with yourself and determine under what precise circumstances you want the real-money prediction markets (which you co-invented with the IEM people) to flourish in your country;
- Then, consult with your peers (Wolfers et al.) on whether they’d agree with you;
- Publish a petition that lays out how the real-money prediction markets would blossom in America;
- Add, at the bottom of that petition, an appendix laying out what would be, for you, an acceptable Plan B;
- Hummmm….??… Sounds more logical to me.
-
Chris, you’ve heard of Christmas I presume. Many people circulate lists of items they might like for Christmas. If you did, would you circulate a list of million franc/dollar gift ideas for people to give you?  Would you consider that list more honest/logical than a list of gifts of roughly the price you think others might actually be willing to pay?
Pingback: Robin Hanson teaches Chris Masse how to make a bad CFTC compromise. | Midas Oracle .ORG