Tag Archives: Supreme Court Of The United States

Prediction markets have failed at forecasting correctly an important event —*once again*.

LAT: Sonia Sotomayor is Obama’s Supreme Court nominee. Via our good friend Daniel Horowitz Previously: Prediction markets failed miserably at forecasting accurately the American Idol winner.

Posted in Analysis (Accuracy & Precision), Collective Forecasting, Exchanges & Markets, Market Expiry, Market Prices & Probabilities, Politics | Tagged , , , , , , , | 4 Comments