Tag Archives: event derivative

Are prediction markets useful? – [ANALYSIS]

Paul Hewitt: Jason: I can see how you might think that of Chris, but I think it is more true that as Chris acquired more knowledge about prediction markets, he became more skeptical. I have to admit that the same … Continue reading

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Prediction Market Definition —updated

Definition – A prediction market is a market for a contract that yields payments based on the outcome of a partially uncertain future event, such as an election. A contract pays $100 only if candidate X wins the election, and … Continue reading

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