Traded bets — a la Robin Hanson

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“g” commenting on Robin Hanson’s blog:

the main point of the transaction [i.e., a contract floated on a market] is that it happens in a framework set up to enable third parties to extract information from the bets made.

The debate is still raging, there, over whether Robin Hanson can claim sole propriety of the idea futures invention.

About Chris F. Masse

Founder and President of Midas Oracle
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