ACM:
[...] Prediction markets are gaining interest because the Internet allows greater worldwide access to them, as well as to the ever-increasing amount of data stored on any topic imaginable (which theoretically allows participants to make more informed predictions, individually and in aggregate). These factors, plus the enormous amount of computing power that will make it [...]
CNBC = Entertainment
- InTrade CEO John Delaney is 15 minutes in.
- Tom Rietz of Iowa Electronic Markets is 1 minute in. – [PAY ATTENTION TO HOW PROF TOM RIETZ EXPRESSES PRICES AS PROBABILITIES.]
Tip via John Delaney Jason Ruspini.
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Hearthis post
Why Chicago Tribune’s Bill Barnhart, Iowa Electronic Markets’ Thomas Rietz, University of Chicago Law School’s Cass Sunstein, Consensus Point’s David Perry and HedgeStreet’s Russell Andersson are totally incompetent prediction market analysts.
Those five incompetents would be better off minding their statement before singing like idiotic canaries.
Those five blablating incompetents are selling the idea that prediction markets [...]
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