If you want to increase the absolute accuracy of the outputs of the prediction markets, try (if you can) to increase the quality of the inputs.
Chris F. Masse May 21st, 2008
Wanna better political prediction markets? Ask Gallup to generate better polls —because that’s what traders eat for breakfast.
I have been telling that to Barry Ritholtz —but he stays on his position.
Thanks to Barry for listening.
Let’s move on to another polémique.
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- Analysis (Meta) , Primary Indicators
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