Tag Archives: Wharton School

Science comes to the rescue of the “leading academics” suffering lapses of memory —those who, on Monday, signed on to be on the board of the Prediction Market Industry Association, which is supposed to lobby for the legalization of InTrade’s real-money prediction markets in the United States of America —and, on the next Tuesday, signed Bob’s puritan and sterile petition.

CX717 = “memory pills” US scientists have invented a pill that can boost memory. – Invented by Dr Gary Lynch from the University of California. – - John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): … Continue reading

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Pssttt… Did I tell you that I like InTrade CEO John Delaney’s comment to the CFTC about “event markets” (prediction markets)? I can’t remember whether I did tell you that already. (I do suffer memory lapses, sometimes. I know it’s a common affliction, because I see that Robin Hanson and Justin Wolfers, just before they signed Bob’s puritan and sterile petition, completely forgot that they were on the board of the Prediction Market Industry Association, which is supposed to lobby for the legalization of InTrade’s real-money prediction markets in the United States of America. A lapse in memory, probably.)

John Delaney (CEO of InTrade) – (InTrade PDF file – CFTC PDF file): Nearly all leading academics, not known for their attraction to unanimity, have publicly supported event markets. A great majority of these academics have been supplied with Intrade … Continue reading

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The Case for Decrimininalization of Prediction Markets

[This article is cross-posted from Major Wager.] – A recent article in the prestigious academic journal Science (May 16, 2008, Vol 320, p. 877-8) once again makes the case for regulated prediction markets, more commonly known as “betting exchanges” to … Continue reading

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We could use a US Gambling And Betting Commission, but the best would be to have prediction exchanges (modeled after BetFair) that alert the sports bodies about any suspicions.

- New York Times: “Insider trading is a bigger deal in sports than in the financial markets,” said Justin Wolfers, a professor of business and public policy at the Wharton School at the University of Pennsylvania, who studies gambling. “We … Continue reading

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Prediction Market Industry Association

InTrade-TradeSports: PREDICTION MARKET INDUSTRY ASSOCIATION IS BORN Monday, Oct 22, 2007 PREDICTION MARKET INDUSTRY ASSOCIATION IS BORN Industry and thought leaders join forces to help promote and grow the field of prediction markets. London (Oct 22 2007) – The recent … Continue reading

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Brent Stinski + Simon & Shuster = Media Predict

Justin Wolfers on Media Predict: Justin Wolfers, an assistant professor of business and public policy at the Wharton School of the University of Pennsylvania who studies prediction markets, said that if Simon & Schuster relies on the traders’ judgments to … Continue reading

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MIT’s CCI seminar on Monday, May 14, 2007: Justin Wolfers, Prediction Markets

Interpreting Prediction Market Prices as Probabilities – Paper: PDF file — MIT Center for Collective Intelligence: CCI Spring 2007 Seminar Series All seminars will be held in NE20-336 (3 Cambridge Center). CCI seminars are on Mondays and Thursdays during the … Continue reading

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Justin Wolfers Seminar: Interpreting Prediction Market Prices as Probabilities

Justin Wolfers Seminar: Interpreting Prediction Market Prices as Probabilities Justin Wolfers, Wharton School (talk based on joint work with Eric Zitzewitz) Monday, May 14, 2007 — 4:00-5:30 pm 3 Cambridge Center, MIT Building NE20, Room 336 Conference Room, MIT, Massachusetts, … Continue reading

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The LinkedIn Profile of the Top Thinker on Prediction Markets [*]

Justin Wolfers’ profile at LinkedIn: Assistant Professor of Business and Public Policy at The Wharton School, U. Penn and Public Policy Consultant Greater Philadelphia Area Current * Assistant Professor of Business and Public Policy at The Wharton School, U. Penn … Continue reading

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The 27th Annual International Symposium on Forecasting

The 27th Annual International Symposium on Forecasting – Financial Forecasting in a Global Economy @ Marriott Marquis, Times Square, New York City, NY, U.S.A. – 2007-06-24~27 Keynote Speakers Robert Engle = Michael Armellino Professor of Finance at New York University … Continue reading

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