Tag Archives: prices

Conspicacy theory (involving credit cards) about coffee futures — [VIDEO]

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Prediction market stability makes prices informative, while prediction market instability generates liquidity. — [ANALYSIS]

Andrew Gelman finds Rajiv Sethi’s remarks interesting: Markets are impressive mechanisms for information aggregation but they’re not magic. The information has to come from somewhere, and markets are inherently always living in the phase transition between stability and instability. (It … Continue reading

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How do you value art? ArtPrice builds up the extensive database for you. – [VIDEO]

http://artprice.com/ ArtPrice / FIAC Contemporary Art Market 2009/2010

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Jim Rogers on CNBC Europe – [VIDEO]

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Intrade Archive, recording trades and prices

Intrade Archive, recording trades and prices App Engine Java Code By mister the great research scientist doctor professor Panos Ipeirotis

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InTrade publishes real-time trade alerts on Twitter under the user name IntradeTrades.

http://twitter.com/IntradeTrades http://twitter.com/Intrade

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Don’t shoot the speculators. They predict prices, not set them.

L. Gordon Crovitz in the Wall Street Journal: More-detailed reporting on who has which kinds of positions in oil would make the market more understandable. It would show that so-called financial speculators are trying to predict price movements, but also … Continue reading

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Ten people are bidding on a stock at 90, while 100 people are offering to sell it at 91. What price is the next trade?

Slate: Interviewees often say that since there are more sellers than buyers, the sellers get to determine the price. That logic usually yields an answer between 90 and 91. That’s exactly wrong. “They’re not thinking about what’s going on in … Continue reading

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The proper way to predict Obama’s electoral vote count

I’m puzzled by the way Intrade projects the electoral vote count on its home page. Two methods are proposed: (a) add up the votes of all the states that are “leaning” (>50%) for a candidate, or (b) compute a price-weighted … Continue reading

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Prices or Probabilities?

Probabilities… … and then… Prices. – Talk first probabilities… because people interested in news get the concept and vocabulary. Then, later on, when only the bettors and traders stay with you for the rest of the conversation, talk prices. – … Continue reading

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