Tag Archives: WSJ

Justin Wolfers pumped up the shitty, play-money prediction exchange run by InTrade/WSJ.

Shit here. The fake-money exchange is pitiful, and to have a professor pumps up that shit is pitiful too. UPDTE: That was the 2008 election. Fortunately, this crappy exchange is dead. Here’s Freakonomics on the 2010 election.

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Mystification, demystification, value assessment, and prediction markets

Justin Wolfers: Prediction markets can yield valuable insight into the dynamics of political campaigns, a conclusion we’ve drawn from years of intensive study and research. We’ve even proselytized about the value of these markets, extolling their ability to yield sharper … Continue reading

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Now that Joe Biden is the Democratic vice president nominee, what to think of Justin Wolfers’ August 1st column for the WSJ?

- The good point is that he dealt well with the fact that the VP prediction markets fed on primary indicators that are less reliable than the ones used for the political elections. – The bad point is that, at … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Data), Exchanges & Markets, Market Expiry, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , , , , , , , , | 3 Comments

A Mystery Wrapped In A Riddle Inside An Enigma — CFTC Edition

How could that “exemption” guy have climbed to the top of Memeorandum even though there are no blogs listed that have discussed that WSJ piece? -

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BAD KARMA FOR PREDICTION MARKET JOURNALISM: Almost nodoby has linked to Justin Wolfers’ articles at the Wall Street Journal.

Considering that he is the #2 researcher in our field, that he issued bold statements on the use of market-generated predictions by journalists (“2020″), that the WSJ is the premier business publication, then that’s bad omen for prediction market journalism … Continue reading

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How to read the Wall Street Journal stories on prediction markets… FOR FREE

Very simple. The WSJ is free if you come from big news content aggregators (like Digg or Google News). If you can manage to have your browser produce artificially a Digg or Google News referral, then you’re permitted to enter … Continue reading

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