Tag Archives: economics professor

Donald Luskin outputs a bad explainer on prediction markets.

Firstly, I’d like to say that I respect Donald Luskin as a Wall Street professional and as a libertarian blogger. But I think that his explainer is too simplistic. – Not a single word on the concept of probabilistic prediction: … Continue reading

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Unlike polls, prediction markets give incentives to think carefully.

Via Wall Street investor and blogger Barry Ritholtz, the Wall Street Journal: [...] Since the election season began, investors on Intrade have risked $4.6 million in trades on Sen. Clinton and $3.4 million on Sen. Obama. [...] Robin Hanson, an … Continue reading

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Using prediction markets to glean, and then sell, business research.

Via George Tziralis of Ask Markets, the New York Times on the eLab Exchange (powered by NewsFutures). [...] Robin Hanson, an economics professor at George Mason University and a consultant to companies building prediction markets, said: “A lot of new … Continue reading

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Cocky Justin Wolfers wants to be invited by the TV networks on Election Day.

Resident Publications: [...] More than 2 million shares have already been traded in presidential primary contracts on Intrade this year. John Delaney, the company’s CEO, is convinced 2008 will be the market’s biggest year yet. “Our ’08 volumes are already … Continue reading

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If I’m mainly the equivalent of a newspaper columnist, rather than a part of a community of modular thinkers, this is to me a waste. So, given that these are my goals and concerns, should I quit blogging in favor of more traditional academic publications?

Wrote Robin Hanson, yesterday. But that’s not the point. The important point to make is that “blogging” means using a “blogging software” that allows you to publish XHTML documents that fit well with Google Search, which has become the world’s … Continue reading

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MIT economics professor (and Nobel Prize-bound) Olivier Blanchard was Justin Wolfers’ thesis advisor.

—Olivier Blanchard Justin Wolfers — John Ledyard was Robin Hanson‘s thesis advisor. — Previous: Justin Wolfers and Robin Hanson ARE the top thinkers on prediction markets. + Is GMU professor Robin Hanson an inventor, an innovator, or… a complete loser??

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The Defining Moment Of The French Presidential Elections

French Adman Jacques Seguela = Political Turncoat Of The Millennium #1. Adman Jacques Seguela (of ad firm Euro-RSCG) worked for all the (presidential and legislative) Socialist candidates since 1981 —except for the last one (Segolene Royal). #2. He has voted … Continue reading

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Christopher Dickey of NewsWeek has a screw loose.

French Presidential Elections Christopher Dickey: Sarko Has the Best Plan, But French Voters Don’t Want It. [...] On paper, Nicolas Sarkozy offers France its best hope for change. [...] He would cut taxes, free up the labor market, encourage people … Continue reading

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Matthew Parris of The Times (of London) has a screw lose.

Via Govdaq (nice blog name, man ), Matthew Parris: [...] I rooted for a Republican victory when George W. Bush sought his second term. [...] And next weekend all true market liberals should be rooting for [Socialist] Ségolène Royal. [...] … Continue reading

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Iowa Health Prediction Market Opens Trading On Avian Flu Market.

Press release: “Many health care workers are the first to know about influenza activity in their communities and that information can help predict the course of an infectious disease. This forecasting tool taps into that disperse knowledge to provide important … Continue reading

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