Tag Archives: GOP senate

Barry Ritholtz blames the New Hampshire fiasco on two Red Herrings.

Barry Ritholtz promised; he delivers. [...] Back to political futures: I suspect the traders at Intrade in 2006 missed the GOP Senate loss, because as a group, they themselves skewed away from the rest of the nation. The demographics of … Continue reading

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets | Tagged , , , , , , , , , , , , | 1 Comment

Were the InTrade prediction markets on the November 2006′s Senate elections accurate?

Revisiting the issue, almost one year later. Lance Fortnow (University of Chicago) wrote: So how did those predictions go? In short you can say the markets predicted every individual race correctly but got the senate wrong, but let us look … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged , , , , , , | Leave a comment

REPLY–Bo Cowgill (“Color me perplexed…”)

Bo “the Google guy” Cowgill unleashes a counter-broadside: COLOR ME PERPLEXED by Alex Foreshaw’s [snarky sic] rant about this recent TechCentralStation article. Alex [believes] the article was an ideological, intellectually dishonest knee-jerk defense of free markets. Did we read the … Continue reading

Posted in All Guest Authors's Posts, Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Market Expiry | Tagged , , , , , , , , , , , , , | Leave a comment

SCIENTIST DAVE PENNOCK IS LAUGHING ALL THE WAY TO HIS NEW YORK BANK.

… Psstt… TradeSports traders… Wanna be rich?… Do like David Pennock: Get a PhD… with a major in probabilities… Although TradeSports’s individual state predictions and overall Senate prediction were entirely consistent, one might argue that traders underestimated the degree of … Continue reading

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged , , , , | Leave a comment

TradeSports Prediction Map Post Mortem – Professor Lance Fortnow on the record

He writes: So how did those predictions go? In short you can say the markets predicted every individual race correctly but got the senate wrong, but let us look a little more carefully. At about 9 AM CST on the … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged , , , , , , | Leave a comment