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Tag Archives: John Blank
Prediction markets are about lowering transaction costs. That’s how sports come in.
I found John Blank’s letter to the CFTC (discovered by Mike Giberson) as interesting as Vernon Smith’s one. Here’s the PDF file —in case you missed it. – I would like to focus on John Blank’s 3-point introduction. In short, … Continue reading →
Posted in Analysis (Industry), Analysis (Meta), Finance, Regulations
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Tagged betting markets, CFTC, Chicago, event contracts, event derivative contracts, event derivative markets, event derivatives, Finance, Internet-empowered population, John Blank, laws, Mike Giberson, prediction markets, Regulations, retail users, Sean Park, United Kingdom, Vernon Smith, Web-based derivative markets, Web-based trading
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3 Comments
What public interests are served by event contracts?
Comments continue to trickle in at the U.S. CFTC, in response to the agencies request for comments on its “concept paper on event contracts.” You can find the comments posted so far, all seven of them, on the CFTC’s website. … Continue reading →
Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta), Economics, Regulations
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Tagged betting markets, CFTC, economist, event contracts, event derivative contracts, event derivative markets, event derivatives, information economy, John Blank, laws, prediction markets, Regulations
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5 Comments