Tag Archives: PMIA
Prediction Market Industry Association (PMIA), one year later
Let’s revisit our archives:
-
Deep Throat:
I agree that the Prediction Market Industry Association (PMIA) (in its present form) is highly suspicious.
The purpose of the PMIA was to provide resume and marketing fodder for Jed, Emile and John. It’s like being president of a high school club: You don’t have to accomplish anything, but you can list [...]
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 fact that the Prediction Market Industry Association didn’t submit a comment to the CFTC on “event markets” (prediction markets)…
… is the ultimate proof that it is a fake organization —as Deep Throat told us last month.
PMIA = a marketing vehicle for some of its founders.
-
Deep Throat on the idle Prediction Market Industry Association (PMIA)
I agree that the Prediction Market Industry Association (PMIA) (in its present form) is highly suspicious.
The purpose of the PMIA was to provide resume and marketing fodder for Jed, Emile and John. It’s like being president of a high school club: You don’t have to accomplish anything, but you can list your “officer” status on [...]
So far, the Prediction Market Industry Association (PMIA) is a shallow organization run by a bunch of delirium-tremens incompetents. — It sounds too European, too French. — Yeah, it’s too French. — All words and no actions. — Hot air in a golden-painted balloon ready to burst.
Prediction Market Industry Association’s goals as stated last year:
1) Create a central, standardized registry of available prediction stocks and contracts from different prediction markets. This open central resource will help demonstrate the wide coverage of available predictions, facilitate search, and make prediction market data more easily available to researchers, the media, and the public at [...]
Is it good to have a prediction market melting pot of academics and businesses?
The Journal of Prediction Markets:
The Journal of Prediction Markets
Editor:
Leighton Vaughan Williams
Associate Editors:
John Delaney – CEO InTrade
Bruno Deschamps – University of Bath
Olivier Gergaud – Université de Reims Champagne-Ardennes
Robin Hanson – George Mason University
Charles Noussair – Emory University
Marco Ottaviani – Ex-London Business School
David Paton – Nottingham University Business School
Paul Rhode – University of Arizona
Emile Servan-Schreiber – CEO [...]
Prediction Market Industry Association = useless, so far
We have witnessed a backlash against the prediction markets just after the Hew Hampshire fiasco. Some bloggers and journalists picked on the prediction markets (InTrade, that is), even though both the polls and the pundits were awfully wrong too. [*] Here are the persons who participated in the pro-PM side of the debate:- Robin Hanson [...]
PMIA Search Needs an Explanation.
Fellow blog friend Alt Search Engine wants to understand more about the new PMIA prediction market search.
Help him out here. Improve on my meager comment.
~alex
www.usableMarkets.com
Prediction Market Industry Association
InTrade-TradeSports:
PREDICTION MARKET INDUSTRY ASSOCIATION IS BORN
Monday, Oct 22, 2007
PREDICTION MARKET INDUSTRY ASSOCIATION IS BORN
Industry and thought leaders join forces to help promote and grow the field of prediction markets.
London (Oct 22 2007) – The recent Prediction Market Summit held in London, UK, concluded with the creation of an international industry association tasked with promoting awareness, [...]
Recent Comments