Tag Archives: Policy Analysis Market

Robin Hanson: My best idea was prediction markets.

Robin Hanson‘s auto-biography (i.e., how Our Master Of All Universes views HimSelf): – Robin Hanson: Do you find it hard to summarize yourself in a few words? Me too. But I love the above quote. I have a passion, a … Continue reading

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Who needs Robin Hanson’s Policy Analysis Market when we have plain, classic, old-fashioned, market-free intelligence reports leaked to the mass media by the Commission on the Prevention of Weapons of Mass Destruction Proliferation and Terrorism?

- Any prediction market on the likelihood of terrorist acts perpetrated on US cities would simply aggregate this kind of information, which terrorism experts and journalists are already aware of (since they can read). –> Low social utility. – PS: … Continue reading

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For the anecdote…

The 2 bastards (Dorgan and Wyden) who made the life of Robin Hanson miserable in July and August 2003 have voted “no” on the Financial Bailout … Financial Rescue plan in the Senate.

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Did Bin Laden speculate on the US airline stock derivatives (shorting them) between September 6, 2001 (date when he learned the timing of the attacks), and September 11, 2001 (date of the 4 attacks)?

- Via Mat Fogarty of Xpree Unusual Option Market Activity and the Terrorist Attacks of September 11, 2001 – by Allen M. Poteshman – 2006 Options traders, corporate managers, security analysts, exchange officials, regulators, prosecutors, policy makers, and—at times—the public … Continue reading

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Terrorism Futures

Justin Wolfers: It is the accuracy of market-generated forecasts that led the Department of Defense to propose running prediction markets on geopolitical events. While political rhetoric about “terrorism futures” led the plug to be pulled on that particular experiment… Justin … Continue reading

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New Hampshire is just another “Pentagon moment” for political prediction markets

I think all the excitement over the New Hampshire prediction market prices is creating another “Pentagon moment” for the concept. A lot of attention is being paid to prediction markets, and it looks bad, but ultimately it will turn out … Continue reading

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THE DAY ROBIN HANSON FOUGHT FOR HIS BABY

Robin Hanson on PAM: Just before Phase I commenced, I had designed and implemented a combinatorial market maker, and proposed that PAM use it. Charles Polk, president of Net Exchange, chose instead to refit their existing software to this application. … Continue reading

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Irankling Study Group

Three years after the Policy Analysis Market proposal’s untimely and tragic abortion has analysis of probable policy consequences improved at all? If reports on the Iraq Study Group are any indication, the answer is no. I gather a group of … Continue reading

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