Tag Archives: Tom W. Bell

U.S. Supreme Court Prediction Market — [PAPER]

Recently posted to SSRN: FantasySCOTUS: Crowdsourcing a Prediction Market for the Supreme Court, a draft paper by Josh Blackman, Adam Aft, & Corey Carpenter assessing the accuracy of the Harlan Institute’s U.S. Supreme Court prediction market, FantasySCOTUS.org. The paper compares … Continue reading

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Legal stuff that Tom W. Bell didn’t tell you because you were too shy asking Jason Ruspini instead —UIGEA edition

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Why Robin Hanson is right to freak out about the upcoming CFTC ruling on “event markets” (prediction markets)

Robin Hanson is trembling in his pants: Coming soon after speculators were blamed for rising commodity prices, I fear this is bad news for hopes for legal prediction markets anytime soon. – The CFTC decisions are politically sensible in 4 … Continue reading

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Chris Masse’s second comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse Midas Oracle cfm —— midasoracle —— com chrisfmasse —— gmail —— com July 6th, 2008 Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St. NW Washington D.C. 20581 Attention: Office of the Secretariat- secretary@cftc.gov Reference: Concept … Continue reading

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Chris Masse’s first comment to the CFTC on “event markets” (prediction markets)

Chris F. Masse Midas Oracle cfm —– midasoracle —– com chrisfmasse —– gmail —– com July 6th, 2008 Commodity Futures Trading Commission Three Lafayette Centre 1155 21st St. NW Washington D.C. 20581 Attention: Office of the Secretariat- secretary@cftc.gov Reference: Concept … Continue reading

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Why did Chris Masse opted for the “excluded commodities” and the DCMs way, since we know that stringent CFTC regulations can kill our lite, real-money prediction markets?

My first argument is to value hedging, its role in the economy, and its function as a booster for the derivative exchanges (including event derivative exchanges). My second argument is to say that it’s up to the CFTC to lower … Continue reading

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The last comments are up on the CFTC website, finally.

Thanks to Jason Ruspini for alerting me. I’ll analyze all this tomorrow. I was off this afternoon. – InTrade – (PDF file) Robin Hanson – (PDF file) Tom W. Bell et al. – (PDF file) Tom W. Bell – (PDF … Continue reading

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What Robin Hanson told the CFTC about “event markets” (prediction markets)

Robin Hanson: Date: Mon, 07 Jul 2008 10:12:46 -0400 To: secretary@cftc.gov From: Robin Hanson <rhanson@gmu.edu> Subject: Comment on “Concept Release on the Appropriate Regulatory Treatment of Event Contracts” —————————————————————- I am an event market innovator, having published the first detailed … Continue reading

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Are US-based real-money prediction exchanges to become federally regulated (as DCMs)? Or semi-regulated (as ECMs, or as exchanges covered by “no-action” letters)?

BusinessWeek: In its request for comment, the CFTC reminded the public that the commission should “promote innovation for futures and derivatives.” It also added that —hint, hint— the Iowa markets have been valuable sources of public information and have predicted … Continue reading

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If you have tried to contact Chris Masse thru the Midas Oracle Contact Form, I’m terribly sorry to inform you that your message was not delivered to the recipient.

Folks, I have received 3 messages thru that Midas Oracle Contact Form, lately. They were all empty, so I thought they were spams killed by the Contact Form. But, in fact, the Contact Form was not working properly. (I got … Continue reading

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