Tag Archives: Alexander Tabarrok
Libertarian baiting
CFM hated it when Peter McCluskey wrote:
What many of us want from prediction markets bears more resemblance to the products of think-tanks than it does to any other institution that I’m aware of
But this reminds me of something. When has a pro-market think tank ever subjected its policy recommendations to market evaluation? Never, as far [...]
Posted in All Guest Authors's Posts, Analysis (Industry), Analysis (Market Proposals), Analysis (Meta), Exchanges & Markets, Market Contract Statements
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Also tagged Bob Smither, Independent Institute, institute Research Director, judge, Libertarian Party, manager, Michael Badnarik, Nick Lampson, One LP, Peter McCluskey, prediction markets, Republican Party, rigors, Robin Hanson, Tom DeLay, Tom W. Bell, United States, United States Congress, USD, W. Bell I'd
Believe in Pascal’s wager? Have I got a deal for you! – by Alexander Tabarrok
Believe in Pascal’s wager? Have I got a deal for you! – (PDF) – by Alexander Tabarrok
CONCLUSIONS: Pascal’s wager is initially compelling because “believing” in God appears to be costless. Believing in the possibility of infinite utility, however, implies that the believer is willing to accept any finite cost to achieve any positive probability, no [...]
Posted in Betting, Economics
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Also tagged Alexander Tabarrok Believe, Caveat Bettor, Jason Ruspini, TradeSports trader
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