Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Independent Institute

“The Beacon” is an excellent blog published by The Independent Institute.

The Beacon
David Theroux, one of the bloggers, is the founder and president of The Independent Institute.
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Independent Institute’s weak blog post on prediction markets

I was happy to notice that the Independent Institute, the pro-market think tank that published Entrepreneurial Economics in 2002, featuring a Robin Hanson chapter on decision markets (and much else good), published a blog post titled Forget Polls: Look at Prediction Markets on the Election. Unfortunately, while the post mentions prediction markets, they are only [...]

Libertarian baiting

CFM hated it when Peter McCluskey wrote:
What many of us want from prediction markets bears more resemblance to the products of think-tanks than it does to any other institution that I’m aware of
But this reminds me of something. When has a pro-market think tank ever subjected its policy recommendations to market evaluation? Never, as far [...]

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