Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

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How to run enterprise prediction markets… legally

Private Prediction Markets and the Law – (PDF file) – by Tom W. Bell – 2008-05-18
Abstract
This paper analyses the legality of private prediction markets under U.S. law, describing both the legal risks they raise and how to manage those risks. As the label “private” suggests, such markets offer trading not to the public but rather [...]

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