Erik Snowberg on the prediction markets about the 2008 US presidential elections

Andy Eggers:

So to sum up, I liked the use of prediction markets to estimate the conditional general election probability for a candidate at a point in time, and I think it’s worth getting some estimates of how particular events moved this probability. I think at this stage the conclusions are a bit underdeveloped and oversold, considering how many factors are at play and how unclear it is what information each primary introduced. But I look forward to future revisions.

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The paper: PDF file

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About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Analysis (Data), Exchanges & Markets, Market Prices & Probabilities, Politics and tagged , , . Bookmark the permalink.

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