Tag Archives: Pennsylvania

Through dogged persistence, Albert Barnes put together what many critics consider the world’s finest collection of post-Impressionist and early modern paintings. – [VIDEO]

“The new facility is scheduled to open in May 2012, and is intended to reproduce the collection as laid out by Barnes himself, with rooms of the same size and proportion as those in Merion.”

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Enterprise Prediction Markets = The wisdom of crowds comes to the enterprise.

Here are short excerpts of the Forrester report on enterprise prediction markets and companies that provide software for enterprise prediction markets. – The Forrester executive summary: The “wisdom of crowds” is capturing the attention of corporate strategists across the globe, … Continue reading

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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. – Invented by Dr Gary Lynch from the University of California. – - John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): … Continue reading

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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 … Continue reading

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The Case for Decrimininalization of Prediction Markets

[This article is cross-posted from Major Wager.] – 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 … Continue reading

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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.) – Michael Abramowicz – Michael B. Abramowicz – (Law School, George Washington … Continue reading

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Short list of the economics labs researching on prediction markets

Labs (with thanks to Chris Hibbert of Zocalo) – - 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.) … Continue reading

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Where to find advice on how to set up your enterprise prediction markets

Consultants – - Inkling – URL: Inkling Markets – (Chicago, Illinois, U.S.A.) Adam Siegel — Post Archives at Midas Oracle Nathan Kontny – NewsFutures – (Maryland, U.S.A. & Paris, France, E.U.) Emile Servan-Schreiber — Post Archives at Midas Oracle Maurice … Continue reading

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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.

- 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 … Continue reading

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Barack Obama will finish off Hillary Clinton by June 15.

- Lawrence O’Donnell (a leftist journalist –but a good one, whom I appreciate): A senior campaign official and Clinton confidante has told me that there will be a Democratic nominee by June 15. [...] Yes, Clinton spokespersons publicly seem to … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Exchanges & Markets, Leading & Lagging Indicators, Market Expiry, Market Liquidity, Market Prices & Probabilities, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment