Tag Archives: legislator

How to run enterprise prediction markets… legally

Private Prediction Markets and the Law – (PDF file) – by Tom W. Bell – 2008-05-18 Abstract This paper analyses the legality of private prediction markets under U.S. law, describing both the legal risks they raise and how to manage … Continue reading

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The Recessions of 2003, 2004, 2006 & 2006

From today’s WSJ (subscription required): Meanwhile, back at the economy, you may have noticed that 2006 ended without a recession. This follows the recessions of 2003, 2004 and 2005, all of which also never occurred, though they were widely warned … Continue reading

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Political Factor Analysis

David Pennock, Lance Fortnow and others on Marginal Revolution and DailyKos explain the “failure” of prediction markets for Senate control as stemming from the assumption that state-level elections are independent events, an assumption that ignores national movements in sentiment. Is … Continue reading

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