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Tag Archives: Web-based derivative markets
Prediction markets are about lowering transaction costs. That’s how sports come in.
I found John Blank’s letter to the CFTC (discovered by Mike Giberson) as interesting as Vernon Smith’s one. Here’s the PDF file —in case you missed it. – I would like to focus on John Blank’s 3-point introduction. In short, … Continue reading →
Posted in Analysis (Industry), Analysis (Meta), Finance, Regulations
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Tagged betting markets, CFTC, Chicago, event contracts, event derivative contracts, event derivative markets, event derivatives, Finance, Internet-empowered population, John Blank, laws, Mike Giberson, prediction markets, Regulations, retail users, Sean Park, United Kingdom, Vernon Smith, Web-based derivative markets, Web-based trading
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