Decision markets are markets where speculators set prices that estimate the consequences of a decision.

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&#8230- writes Robin Hanson (who is into prediction markets since the late 80s, and who is the smartest scholar on this topic).

I would call that &#8220-decision-aid markets&#8220-, then. And I would have the term &#8220-decision markets&#8221- define the strongest form of this tool, envisioned originally by Robin Hanson (PDF file) &#8212-that is, when the execution of the market-generated decision is compulsory.

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