Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: prediction market efficiency

Is Intrade out on a limb?

As I write this, Intrade gives the advantage to McCain over Obama and has the Republican party even with the Democratic party to win the election, whereas all the other prediction markets, meaning IEM, Betfair, and the NewsFutures play-money kind still favor a Democrat in the White House. That disconnect prompted Chris to wonder aloud [...]

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