6 thoughts on “Chris Masse (in his holy greatness) asks the question that so terrifies Jed Christiansen.

  1. Jed Christiansen said:

    Heh… okay, I’ll bite.

    My answer is: they can be.  To quote myself from the article you linked to:

    “While [prediction markets] are on par with the accuracy of the best poll aggregators, their forecasts are real-time and reflect the state of the race right now.

    But they won’t always be useful.

  2. Chris F. Masse said:

    “their forecasts are real-time and reflect the state of the race right now.”

    That’s not a huge benefit for the people out there. They are not news junkies.

    We have to dig more to find the real benefits of the prediction markets.

  3. Jed Christiansen said:

    Perhaps that’s our disagreement.  I think that a real-time state-of-the-race is valuable.

  4. Chris F. Masse said:

    To news junkies like you and moi. Not to the real people out there.

  5. Don't pump up the features of the prediction markets -instead, put the emphasis on their benefits. | Midas Oracle .ORG said:

    […] F. Masse November 25th, 2008 John Tierney and Jed Christiansen are making the same mistake: they think that people and experts should be impressed by the […]

  6. Chris F. Masse said:

    their forecasts are real-time and reflect the state of the race right now.

    In a sense, the forecasts done by the poll aggregators (Nate Silver and Electoral-Vote.com) are also updated every day —which is a high enough frequency for most people.

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