Tag Archives: private institutional design

WEB EXCLUSIVE: What Vernon Smith told the CFTC about the social utility of the event derivative markets —the so-called “prediction markets”

Professor Vernon Smith (2002 Nobel Laureate, Economics) —PDF file: 1. On oversight: I suggest that initially this function be entirely limited to a monitoring and data archive function. Such information should be available for experimental, econometric, finance and other research … Continue reading

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