Niall O’Connor builds a case against the prediction markets.
The social utility of the prediction markets is not apparent to him.
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The skeptics of the prediction markets are delighted by the Erikson–Wlezien and Lee–Moretti research papers.
Recent Comments
Paul Hewitt on The Real Arithmetic Of The Health Care Reform
Chris F. Masse on The Real Arithmetic Of The Health Care Reform
Jason Ruspini on Nate Silver: InTrade probability on ObamaCare is quite right.- Jason Ruspini on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
- Paul Hewitt on The Real Arithmetic Of The Health Care Reform
- Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
- Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
- Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
- Paul Hewitt on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
- Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”