Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Category Archives: Politics

CONFUSED: Nate Silver’s marshmallow politics – [VIDEO]

BetFair (a prediction exchange) + ComRes (a pollster)

They are jointly operating a new website, focused on the next UK general election:
http://www.electionpredict.com/
As of today, the British GOP is set to win. We’ll see.

ClimateGate: How leftist scientists cooked the data on climate change to scare the hell out of people – [VIDEO]

Here’s the report the US Senator is talking about in this video.

Ron Paul –> the good… and the ugly

The Ugly:

The Good:

Paul-Romney 2012

“U.S. Rep. Ron Paul, R-Texas, a stalwart foe of government spending, won a blowout victory Saturday in the annual Conservative Political Action Conference presidential straw poll.”

Marginal Revolution’s Tyler Cowen = Political Pundit — [PREDICTIONS]

BARACK OBAMA’S ECONOMIC ADVISERS ARE CLOSY MONITORING INTRADE’S PREDICTION MARKETS.

An anonymous adviser to the President Of The United States Of America:
My perspective here has given me an unusual window into the looking-glass mirror of how things I see on the inside are interpreted on the outside.
The most vivid case in point is the recent policy announcements about implementing the Volcker ideas about separating investment [...]

Republican Scott Brown has become the Senator-elect from Massachusetts.

Massachusetts special election: Nate Silver knowns nothing. —REDUX

Nate Silver:
There are many assumptions in this model which may not be valid []. Although I believe that these are generally a fairly well-balanced set of assumptions relative to the universe of possible assumptions (i.e. alternate sets of assumptions would tend to cluster around the 25 percent number), it is hard to know for sure.

Massachusetts special election: Nate Silver knowns nothing.

6 scenarios
United States Senate special election in Massachusetts, 2010

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