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Are you really a &#8220-prediction market consultant&#8221- when your occupation is actually to take courses in school?

I&#8217-d answer &#8220-no&#8221-.

Best wishes to him. Let&#8217-s see how the situation evolves later on.

11 thoughts on “Clarification

  1. Bo Cowgill said:

    I don’t see there being a conflict or problem …

  2. Chris F. Masse said:


    There is no “conflict” or “problem”.

    I have a listing of “prediction market consultants”, which I try to maintain up to date.

    When Jed comes back as a consultant, I’ll list him there again.

  3. Bo Cowgill said:

    Meaning: I don’t see why he can’t be a consultant simply because he’s a student as well. Its actually quite common for students studying advanced technology at top universities to consult (for money) with businesses who are implementing these technologies. So, I say: Jed can be a consultant even if he’s a student as well. 


  4. Bo Cowgill said:

    By the way, I see that you’ve categorized this post under ‘ethics.’ What does this have to do with ethics? 

  5. Chris F. Masse said:

    I have deleted the “ethics” category. Makes no sense indeed.

    In my listing, I want to have only the most serious prediction market consultants.

  6. Michael Giberson said:

    Chris, you could just as easily ask, “Are you really a ‘prediction market consultant’ when your occupation is actually to do research and teach courses in school?”

    A consistent answer would treat both teachers and students in the same manner.  And note that even the most prominent and productive of the prediction market academics devotes some of their research and teaching to non-prediction market topics — they have other specialties too (For example Hanson on health care economics, Wolfers on labor and family topics, etc.)

    I realize, of course, that you don’t want to put on your list just anyone who claims to be a prediction market guru. But I think we could fairly conclude that in this case the evidence of expertise is clear.

  7. Chris F. Masse said:

    I am searching for both evidence of expertise and evidence of real consulting activity. I need to see both.

    PS: Teachers have more free time than students. Students should spend 100% of their time studying, in my view. Professors do teaching, researching, and consulting.

  8. Mike Linksvayer said:

    I have no idea what Jed’s situation is and applaud the desire to see evidence of real consulting activity, but the idea that students don’t have free time (excepting those in scientific and professional programs that are actually hard) or shouldn’t start businesses on the side is crazy. I know plenty of students who do real (paid) consulting part time. And of course there’s always the option of dropping out if your business takes off, see Michael Dell and many others.

  9. Chris F. Masse said:

    Mike, I value education. I am happy that Jed gets one. And I certainly don’t want him to drop out. I wish he gets his degree.

  10. Mike Linksvayer said:

    I value education


  11. Chris F. Masse said:


    What is “boring” and “lame”?

    – “Education” —which I said I value.

    – or my reply to your comment? :-D

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