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

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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 | Tagged , , , , , , , , , , , | 5 Comments