Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: rival candidate

THE 2007-07-07 LUCKY DAY: Washington Post’s Slate.com links to Eric Zitzewitz’s piece on Midas Oracle.

Tim Harford:
The economists Justin Wolfers and Eric Zitzewitz have pointed out that Hillary Clinton’s chances of becoming president, as predicted by one betting market, InTrade, started to climb dramatically mid-May, topping 40 per cent after months of fluctuating between 20 and 30 per cent. Her odds of winning the Democratic nomination stayed around 50 per [...]

Manipulation of the Hillary Clinton event derivative? Justin Wolfers and Eric Zitzewitz + Koleman Strumpf and Paul Rhode + Robin Hanson and Ryan Oprea

Tim Harford:
The economists Justin Wolfers and Eric Zitzewitz have pointed out that Hillary Clinton’s chances of becoming president, as predicted by one betting market, InTrade, started to climb dramatically mid-May, topping 40 per cent after months of fluctuating between 20 and 30 per cent. Her odds of winning the Democratic nomination stayed around 50 per [...]

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