Tag Archives: Republican President

A second look at HedgeStreet’s comment to the CFTC about “event markets”

Other than the ISDA (which is an association of operators who do not trade on regulated derivative exchanges), HedgeStreet (a non-intermediated DCM) was the first representative of the regulated derivative exchange community to submit a comment to the CFTC. — … Continue reading

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Their method can show how speculators expect a Republican president to effect any outcome X, but it suffers from three key limitations…

Robin Hanson on the virtue of “decision markets”, pinching Justin Wolfers and Eric Zitzewitz’s noses.

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France: a Republican President is looming.

The Woman: Segolene Royal (Socialist): 41% The Man: Nicolas Sarokozy (Republican): 54% Technical Note: BetFair probabilities are not accessible thru the Web interface (the prediction market sub-window freezes before giving the data), so I went to BetFair Lite and took … Continue reading

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Who will be the next French president? – REDUX

BetFair: – Nicolas Sarkozy (the man – Republican): 45.9% –> 46.3% –> 49.5% – Segolene Royal (the woman – Socialist): 54.1% –> 47.6% –> 47.2% That superficial woman [*] has made yet another series of gaffes [**] (as I predicted … Continue reading

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Partisan impacts on the economy: Evidence from prediction markets and close elections – by Erik Snowberg, Justin Wolfers and Eric Zitzewitz – REDUX

The breaking news is that Professor Justin Wolfers (of the Wharton business school in Philadelphia) has responded to my unforeseeable attack and to the subsequent Mike Linksvayer’s comment. A quick response to Chris: Let me clarify what I think the … Continue reading

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