Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: law professor

Chris Masse’s first comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse
Midas Oracle
cfm —– midasoracle —– com
chrisfmasse —– gmail —– com
July 6th, 2008
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st St. NW
Washington D.C. 20581
Attention:
Office of the Secretariat- secretary@cftc.gov
Reference:
Concept Release on the Appropriate Regulatory Treatment of Event Contracts
73 FR 25669
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My name is Chris F. Masse, and I’m the publisher of CFM (a vertical portal to prediction [...]

COMMENTS TO THE CFTC: What to expect from Tom W. Bell and Jason Ruspini

For those who are just surfacing from an Afghan cave: Tom W. Bell is a law professor at Chapman University (in California) and Jason Ruspini is a Wall Street professional (in New York).
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It seems that both will, independently of each other, write to the CFTC about the legalization of the “event markets” (here are the [...]

Will the CFTC agree to license and regulate real-money prediction markets?

I think that it’s a kind of prediction markets whose contract should be designed by a lawyer or law professor.
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Will The CFTC agree to license and regulate real-money Prediction Markets?
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Hubdub – The News Prediction Game

Are Prediction Markets Constitutional?

I think so*, although it could be a matter for states to decide, and not so much the federal government. In that scenario, my thought is that some liberal (in the classic sense) states will allow experimentation with prediction markets, and the informational value (at least over surveys and polls) will eventually sweep the nation. [...]

Meet Tom W. Bell.

Law professor Tom W. Bell… blogging at Agoraphilia.

Just like law professor Tom W. Bell, dolphins like to surf the waves.

So we launched a war of choice, and spent thousands of lives and billions of dollars, for what?

Asks law professor Steve Bainbridge, a conservative blogger. I like his blog.
As I wrote previously, it’s a pity that the GOP got hijacked by the neo-con warmongers (like Dick Cheney and Paul Wolfowitz).

IT DIDN’T TAKE LONG. NICK JENKINS’ BETCHA.COM GETS BUSTED THREE WEEKS AFTER LAUNCH.

Via the vigilant Daniel Horowitz, Seattle Pi:
Washington State Gambling Commission investigators seized computers from a new Seattle-based Internet-betting site Monday, claiming the business violated the state’s 2006 online gambling ban — a contention the site’s founder strongly disputes. [...] “This is ridiculous,” Jenkins said. “I’m going to fight it. I don’t like the heavy-handed state [...]

Nick Jenkins’ Betcha is aiding and abetting the transactions of illegal betting.

Says Roy Girasa, a law professor at the Lubin School of Business at Pace University in New York City.
Via David Pennock, who is both fascinated and skeptical.
Click here to get all the previous Midas Oracle blog posts on Betcha, including Tom Bell’s one. Heu, sorry, I meant, Tom W. Bell.
Previous: Nick Jenkins welcomes [...]

BETCHA.com: Where is law professor Tom Bell when we need him?

Here’s Tom Bell’s website.
ABOUT BETCHA: I wish Nick Jenkins the very best.
BetBug (which billed itself as the “Kazaa of betting”, and thus thought that it was above the law):
Dear BetBug User,
It is with deep regret that BetBug has voluntarily chosen to stop publishing its peer-to-peer software and will stop populating the software’s wagering menu with [...]

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