Tag Archives: Panos Ipeirotis

Let’s sign a petition to push professor Panagiotis G. Ipeirotis to switch his blog from Blogger to WordPress.

Panos Ipeirotis should switch his blog from Blogger to WordPress. Sign in the comments to express your support for the petition. Enough with Blogger. What a crappy blogging system. What a shame that an IT prof sticks with such a … Continue reading

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Wanna know more about Panos Ipeirotis’s paper on prediction markets of prediction markets?

His co-author is here, telling his side of the story. #2. There is indeed a lack of high quality statistical research on prediction markets. I have seen published papers doing terrible things like regressing prices from one prediction market on … Continue reading

Posted in Analysis (Accuracy & Precision), Analysis (Data), Analysis (Meta), Exchanges & Markets | Tagged , , | 7 Comments

Let’s challenge Panos Ipeirotis’s prediction market paper… and let’s have fun.

Anonymous said… blah. First, Panos, your results would suggest that the volatility on Super Tuesday would be lower than on a random Tuesday in July when there is zero news flow. Second, there is no reason to expect short term … Continue reading

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Prediction markets are not beauty contests, and InTrade are not truth-oriented people.

Panos Iperotis: [T]he “truth grounding” of prediction markets serves to avoid the self-reinforcement described above. If a market, grounded on a real outcome, says A=90% and B=10% one day before expiration, and I believe that B is the real winner, … Continue reading

Posted in Analysis (Meta), Collective Forecasting, Ethics, Forecasting (Science & Practice) | Tagged , , , , , , , | 1 Comment

Unlike soap or deodorant, which can be placed by marketing, shaving is very much performance. – Bill Steele

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The Prediction Market Police

I should have listened to Panos Ipeirotis…!!!…

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PROFESSOR PANOS IPEIROTIS INVOLVED IN KILLING ENDANGERED SPECIES…!??…

- SeaWorld – WWF

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Accurate prediction markets

Stupidity, as defined by Prof Panos… Panos Ipeirotis: [...] It is largely stupid to call “successful” a continuous market that gets the average right but has a very high spread over the outcomes. Similarly, it is stupid to call a … Continue reading

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Collective Forecasting, Exchanges & Markets | Tagged , | 11 Comments

The prediction markets chalk another one up, as Susan Boyle is sent packing.

I have an ongoing disagreement with Prof Panos about how to report a set of expired prediction markets. He claims that one should report “the historic average of similar markets”. That’s important but not urgent. First thing is to report … Continue reading

Posted in Analysis (Accuracy & Precision), Analysis (Meta), Collective Forecasting, Exchanges & Markets, Market Expiry, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , , , , | 4 Comments

Why reporting on *one* expired prediction market is no fun… when using the scientific approach

Panos Ipeirotis hates it when I report an individual prediction market “failure“. (“Stupidity” is how he labelled it. ) I am a fan of Panos Ipeirotis’s scientific approach on prediction markets. It is all right. However, I (obviously) won’t use … Continue reading

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