Tag Archives: AEI

The American Enterprise Institute’s proposals to legalize real-money prediction markets in the United States of America

Posted on June 17, 2008 by Chris F. Masse

The Promise of Prediction Markets – by Kenneth J. Arrow, Robert Forsythe, Michael Gorham, Robert Hahn, Robin Hanson, John O. Ledyard, Saul Levmore, Robert Litan, Paul Milgrom, Forrest D. Nelson, George R. Neumann, Marco Ottaviani, Thomas C. Schelling, Robert J. … Continue reading →

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Exchanges & Markets, Regulations | Tagged AEI, American Enterprise Institute, Cass R. Sunstein, CFTC, Commodity Futures Trading Commission, Congress, Eric Zitzewitz, Erik Snowberg, event derivative markets, event derivatives, federal regulatory agency, Forrest D. Nelson, George R. Neumann, Hal R. Varian, Iowa, Iraq, Jason Ruspini, John O. Ledyard, Justin Wolfers, Kenneth J. Arrow, laws, legalization, Marco Ottaviani, Michael Gorham, Paul C. Tetlock, Paul Milgrom, Paul Wolfowitz, Philip E. Tetlock, Porter, prediction markets, real-money prediction markets, Regulations, Robert Forsythe, Robert Hahn, Robert J. Shiller, Robert Litan, Robin Hanson, Saul Levmore, sports events, The University of Iowa, Thomas C. Schelling, Tom W. Bell, United States Of America, US Congress, USD, Vernon L. Smith, young economist | 27 Comments

The CFTC safe-harbor option for event markets

Posted on May 28, 2008 by Jason Ruspini

The recommendation for safe-harbor of a group of influential economists to the CFTC aims squarely at the 4(c)3(K)* clause of the Commodity Exchange Act. The CFTC may approve a public interest exemption under 4(c) provided that the affected contracts are … Continue reading →

Posted in All Best Posts Ever, All Guest Authors's Posts, Exchanges & Markets, Finance, Regulations | Tagged AEI, American Enterprise Institute, CEA, CFTC, Commodity Exchange Act, Congress, economists, event derivative markets, event derivatives, petition, prediction markets, Robert Hahn, Trader | 2 Comments

Robin Hanson would be better off “lobbying for prediction markets” with the people who will be in power next November —that is, the Democrats, not the right-wing people of the American Enterprise Institute.

Posted on May 19, 2008 by Chris F. Masse

Does Robin Hanson read the political prediction markets which he co-invented? If he read them, he would see that we’re going to get a big Democratic swipe, in November 2008. The American people will get rid of the neo-cons, the … Continue reading →

Posted in Politics, Regulations | Tagged AEI, American Enterprise Institute, event derivative markets, event derivatives, lobbying, prediction markets, Regulations, Robin Hanson, US politics | Leave a comment

ROBIN HANSON’S PUBLIC ADMISSION: He signed Bob’s petitions, not because he heartfully endorsed them fully, but because he wanted to please Bob, didn’t want to be left out of the party, and was persuaded that his own blue-sky proposals wouldn’t make it —and other irrational excuses for not saying the truth to the US Congress.

Posted on May 19, 2008 by Chris F. Masse

Robin Hanson: Hal and Silas, endorsing this proposal does not mean that I would not prefer other proposals; it just means I prefer this to the status quo. Chris Masse is an example of someone who has difficulty accepting this … Continue reading →

Posted in Regulations | Tagged AEI, America, CFTC, Chris Masse, economists' petition, event derivative markets, event derivatives, petition, prediction markets, Regulations, Robin Hanson, United States Congress | 2 Comments

Economists’ Petition on Prediction Markets

Posted on May 7, 2007 by Chris F. Masse

Statement on Prediction Markets – (Click here to read the abstract and download the petition from the SSRN site) – by Kenneth J. Arrow, Robert Forsythe, Michael Gorham, Robert Hahn, Robin Hanson, Daniel Kahneman, John O. Ledyard, Saul Levmore, Robert … Continue reading →

Posted in All Best Posts Ever, Analysis (Meta), Regulations | Tagged AEI, AEI-Brookings Joint Center, California, California Institute of Technology, Charles R. Plott, Congress, Daniel Kahneman, Eric Zitzewitz, Erik Snowberg, Federal Reserve System, Florida, Forrest D. Nelson, George Mason University, George R. Neumann, Hal R. Varian, Illinois, Illinois Institute of Technology, Iowa, John O. Ledyard, Justin Wolfers, Kenneth J. Arrow, London Business School, Marco Ottaviani, Maryland, Michael Gorham, Paul C. Tetlock, Paul Milgrom, Pennsylvania, Philip E. Tetlock, prediction markets, Princeton University, Robert Forsythe, Robert Hahn, Robert J. Shiller, Robert Litan, Robin Hanson, Saul Levmore, Stanford University, Texas, Thomas C. Schelling, United States, University of California, University of Chicago, University of Iowa, University of Maryland, University of Pennsylvania, University of South Florida, University of Texas at Austin, Vernon L. Smith, Yale University | 9 Comments

Software Programs for Forecasting + Vertical Directories

Posted on December 14, 2006 by Chris F. Masse

Since the field of forecasting does indeed encompass prediction markets, I would suggest to the prediction market software vendors to try to get indexed in this directory, Forecasting Principles. (There aren’t many software packages listed, I’m a bit surprised.) The … Continue reading →

Posted in Resources - References, Software | Tagged AEI, companion site, International Institute of Forecasters, International Journal of Forecasting, Marketing Department, prediction market software vendors, software packages, The International Journal of Applied Forecasting, United Kingdom, usable site, Wharton School | Leave a comment