Monthly Archives: June 2009

Google Squared is a big piece of crap.

Try “prediction markets” and “collective forecasting”. Gimme Wolfram instead. Technologizer: [Wolfram] Alpha, while imperfect, is ready to do all sorts of useful things right now. Squared feels more like the initial proof of concept for something that may take years … Continue reading

Posted in Information Technology | Tagged , , , , | 8 Comments

Prediction Markets for Valuing Private Companies

Everyone seems to have an opinion on the future prospects of Facebook and Twitter. Some of us even feel strongly enough to want to bet on it. Unfortunately, the companies are privately held, and unavailable to be bet on in … Continue reading

Posted in All Guest Authors's Posts, Analysis (Market Proposals), Exchanges & Markets, Finance, Regulations | Tagged , , , , | 2 Comments

BetFair has made a voluntary contribution to the Levy Board.

BetFair has made a voluntary contribution to the Levy Board.

Posted in Exchange & Market Management, Exchanges & Markets | Tagged , , | Leave a comment

BetFair’s Memoranda of Understanding benefits both bettors and sports.

BetFair’s Memoranda of Understanding benefits both bettors and sports. The investigative process follows 7 steps: Step 1: An activity concern is noted Step 2: A preview is conducted to determine if there is more reason for investigation Step 3: Preliminary … Continue reading

Posted in Betting, Exchange & Market Management, Exchanges & Markets | Tagged , , , , , , | Leave a comment

What do prediction markets say about unemployment and swine flu in Australia?

“Unfortunately, we don’t know, because such markets do not currently exist.” – Andrew Leigh

Posted in Analysis (Meta), Collective Forecasting, Exchanges & Markets | Tagged , , , , | Leave a comment

A new glimpse into the revamped Overcoming Bias

Robin Hanson: Chris, Eliezer was not “purged.” He requested to have his old posts moved to Less Wrong. No one else has made any similar request. Eliezer was not “expelled”; he choose to move in order to build a community … Continue reading

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Are good blogs driven by author personalities or by well drilled topics?

Justin Wolfers has escaped the Overcoming Bias purge, it seems. Justin Wolfers’s 4 posts (published in 2007) remain archived on what is now Robin Hanson’s QUOTE personal blog UNQUOTE. By contrast, Eliezer Yudkowsky’s posts written for Overcoming Bias now redirect … Continue reading

Posted in Journalism, Prediction Journalism, Psychology | Tagged , , , , , , , | 1 Comment

What makes a good blog, and how much can you value a popular blog?

So, how does our Master Of All Universes justify his expelling of his co-bloggers? Overcoming Bias began in November ‘06 as a group blog on the general theme of how to move our beliefs closer to reality, in the face … Continue reading

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Vernon Smith’s publisher

Author House Self-publishing FAQ

Posted in Resources - References | Tagged , , , , , | Leave a comment

Prediction markets are a zero-sum game.

Did you lose money betting on InTrade, lately? Well, your money ended up in the pocket of that guy: UPDATE: There was nothing about “hating the game” in my post. It was just a reference to the “sheep and wolves” … Continue reading

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