Tag Archives: subsidized prediction markets

What Jean-Claude Kommer (a patented prediction market gadfly) thinks of Robin Hanson’s conditional prediction markets subsidized by Peter McCluskey

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Subsidizing real-money prediction markets and real-money conditional prediction markets

Should Google subsidize the Lunar X Prize contract on InTrade? John Salvatier, Our good friend Bo Cowgill might have already re-created those prediction markets on Google’s internal prediction exchange at a marginal cost of zero US dollar. No need for … Continue reading

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Prediction markets can be directly subsidized with a market maker, allowing all traders who provide info to improve the price to expect to profit. Also, the more fools the more informed traders should be attracted to profit from them, so the mix is endogenous.

Robin Hanson in a comment, over there. See also that question for Mike “Barbecue” Giberson. -

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