Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

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Debunking HSX Alex Costakis’ conspiracy theory

#1. There’s a story covering Inkling Markets and (not extensively) the corporate prediction markets in the Chicago Tribune. Here’s an interesting excerpt:
In the real world, the reason people use markets is to make money. If an outcome is accurately predicted, it is profitable. In virtual markets, “play money is not a bad predictor, but economists [...]

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