Tag Archives: non-sports prediction markets

What Robin Hanson, Justin Wolfers, Eric Zitzewitz, Koleman Strumpf, David Pennock and the other economists won’t tell you about the socially valuable prediction markets

— The Big Dichotomy in the Field of Prediction Markets #1. The socially valuable prediction markets are hyped by the economists (whose career in research depends on the willingness of the exchange executives to give them data). #2. Those socially … Continue reading

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InTrade expired the Larry Craig prediction market too early.

Scroll down the whole story and judge by yourself, folks. — New York Times: “As he stated on Saturday, Senator Craig intends to resign on Sept. 30,” Mr. [Dan Whiting, a spokesman for Mr. Craig] said in a statement. “However, … Continue reading

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FREAKONOMICS: John Delaney of InTrade-TradeSports.

Freakonomics (last month): Q: Briefly, what is Intrade? A: InTrade is a marketplace, just like eBay or the NYSE, that provides innovative markets to trade, and the best darn predictive information on uncertain future events bar none! InTrade is a … Continue reading

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Reality Check on TradeSports-InTrade John Delaney’s Exil Statement

Speaking via Skype from Ireland, E.U., where he is now in exile, TEN CEO John Delaney made a number of points. Let’s check. (Note: This is the second version of his statement, on another URL.) — We have become regarded … Continue reading

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U.S. recession prediction market

— This is from the TradeSports news feed: Contract on US Economy going into Recession Thursday, Jan 4, 2007 The Exchange has listed a contract on the United States economy going into recession during 2007. This contract can be found … Continue reading

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Sports vs. Non-Sports Divestiture

Regarding the Trade Exchange Network’s announcement that it is divesting its sports related business, this is what I have cross-posted on CaveatBettor I don’t really like this development, because it appears to bifurcate capital and traders into separate, smaller universes … Continue reading

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