Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: explainer

Midas Oracle is incontestably [*] the best vertical portal to prediction markets.

Written by Chris F. Masse on February 21, 2008 — Leave a Comment

Jeremy:
This site has more than you need to know about futures markets and the subtle point that they don’t predict but rather capture what people think will happen. Clear?
My dual strategy is paying off.

Presenting a prediction market chart associated with an explainer about prediction markets on the blog frontpage —on top of the daily posts, [...]

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Prediction Markets 101

Written by Chris F. Masse on January 12, 2008 — Leave a Comment

Prediction markets produce dynamic, objective probabilistic predictions on the outcomes of future events by aggregating disparate pieces of information that traders bring when they agree on prices. Prediction markets are meta forecasting tools that feed on advanced indicators (like polls and surveys). Garbage in, garbage out… Intelligence in, intelligence out…
A prediction market is a market [...]

Posted in All Best Posts Ever, Analysis (Meta), Explainers | Also tagged , , , , , , , , , , , , , , , , , , , , , ,

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