Tag Archives: Pennock

David Pennock wants you to believe that InTrade needs Robin Hanson’s automated market maker.

Posted on July 10, 2010 by Chris F. Masse

“Our market maker automatically adjusts its level of liquidity depending on trading volume. Prices start off very responsive and, as volume increases, liquidity grows, obviating the need to somehow guess the ‘right’ level before trading even starts.”

Posted in All Best Posts Ever, Analysis (Meta), Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Market Trading, Mechanism Designs, Research, Software | Tagged , , , , , , , , , , | 1 Comment

The best research papers on prediction markets

Posted on June 11, 2008 by Chris F. Masse

As seen by Andreas Graefe… IIF’s SIG on Prediction Markets Research Papers Basics Several studies explain the concept of prediction markets and provide useful summaries of the method, e.g. – Spann, M. & Skiera, B. (2003). Internet-based Virtual Stock Markets … Continue reading →

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Market Efficiency), Analysis (Meta), Economics, Exchanges & Markets, Forecasting (Science & Practice), Resources - References | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

THE CFTC FUN IS REALLY STARTING NOW: The “S” word has just been uttered on David “Pragmatic” Pennock’s blog, in the comment area.

Posted on May 3, 2008 by Chris F. Masse
Posted in Exchange Genesis, Exchanges & Markets, Regulations | Tagged , , , , , , , | Leave a comment