Tag Archives: John

Deep Throat on the idle Prediction Market Industry Association (PMIA)

I agree that the Prediction Market Industry Association (PMIA) (in its present form) is highly suspicious. The purpose of the PMIA was to provide resume and marketing fodder for Jed, Emile and John. It’s like being president of a high … Continue reading

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Industry) | Tagged , , , , , , | 4 Comments

QUESTION TO THE READERS: Could anyone guess what Nassim Nicholas Taleb would think of the prediction markets?

Fortune: The idea that catastrophe can strike without warning does not seem particularly hard to understand. Why doesn’t Wall Street ever seem to allow for that possibility? And why doesn’t it learn from past catastrophes? Let me blame business schools … Continue reading

Posted in Economics, Finance | Tagged , , , , , , , , , , , , , , | 3 Comments