Tag Archives: Pennsylvania
Science comes to the rescue of the “leading academics” suffering lapses of memory —those who, on Monday, signed on to be on the board of the Prediction Market Industry Association, which is supposed to lobby for the legalization of InTrade’s real-money prediction markets in the United States of America —and, on the next Tuesday, signed Bob’s puritan and sterile petition.
CX717 = “memory pills”
US scientists have invented a pill that can boost memory.
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Invented by Dr Gary Lynch from the University of California.
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John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file):
Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics [...]
Pssttt… Did I tell you that I like InTrade CEO John Delaney’s comment to the CFTC about “event markets” (prediction markets)? I can’t remember whether I did tell you that already. (I do suffer memory lapses, sometimes. I know it’s a common affliction, because I see that Robin Hanson and Justin Wolfers, just before they signed Bob’s puritan and sterile petition, completely forgot that they were on the board of the Prediction Market Industry Association, which is supposed to lobby for the legalization of InTrade’s real-money prediction markets in the United States of America. A lapse in memory, probably.)
John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file):
Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics have been supplied with Intrade market data in the past, a service that Intrade intends to continue, for all study leads [...]
The Case for Decrimininalization of Prediction Markets
[This article is cross-posted from Major Wager.]
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A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to online gamblers. The authors make the case that such markets are useful in forecasting future events with [...]
The best researchers on prediction markets
CFM: Scholars
Check that CFM page for updates. And contact me so I can make additions to the list. (I’ll then re-publish that updated list on Midas Oracle.)
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Michael Abramowicz – Michael B. Abramowicz – (Law School, George Washington University, Washington, D.C., U.S.A.) — Post Archives at Midas Oracle
Bernd H. Ankenbrand – Bernd Ankenbrand – (Lecturer, Witten/Herdecke [...]
Short list of the economics labs researching on prediction markets
Labs
(with thanks to Chris Hibbert of Zocalo)
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Iowa Electronic Markets – (IEM) – (Henry B. Tippie College of Business, University of Iowa, Iowa, U.S.A.)
Interdisciplinary Center for Economic Science – (ICES) – (George Mason University, Virginia, U.S.A.)
Economic Science Institute – (ESI) – (Chapman University, California, U.S.A.)
HP Labs – (Hewlett-Packard, Palo Alto, California, U.S.A.)
Laboratory for Experimental Economics and [...]
Where to find advice on how to set up your enterprise prediction markets
Consultants
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Inkling – URL: Inkling Markets – (Chicago, Illinois, U.S.A.)
Adam Siegel — Post Archives at Midas Oracle
Nathan Kontny
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NewsFutures – (Maryland, U.S.A. & Paris, France, E.U.)
Emile Servan-Schreiber — Post Archives at Midas Oracle
Maurice Balick
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Xpree – (U.S.A.)
Mat Fogarty — Post Archives at Midas Oracle
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HP Services – HP Labs – (U.S.A.)
Predicting the future –with games — Introductory article
Information Dynamics [...]
We could use a US Gambling And Betting Commission, but the best would be to have prediction exchanges (modeled after BetFair) that alert the sports bodies about any suspicions.
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New York Times:
“Insider trading is a bigger deal in sports than in the financial markets,” said Justin Wolfers, a professor of business and public policy at the Wharton School at the University of Pennsylvania, who studies gambling. “We have the Securities and Exchange Commission here. Why not the same for what is a multibillion-dollar sports [...]
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