Under the Barack Obama administration, Cass Sunstein will head the Office of Information and Regulatory Affairs, within the Office of Management and Budget, which is part of the Executive Office of the President of the United States.
Here’-s Cass Sunstein’-s track record on prediction markets:
– Infotopia: How Many Minds Produce Knowledge (Oxford University Press 2006)…- which featured prediction markets and collective intelligence. – (podcast)
– Deliberating groups versus prediction markets – (paper)
– A blog post defending the prediction markets after the New Hampshire upset.
– Cass Sunstein so-signed the 2008 petition on prediction markets.
– Chicago Tribune
– Wall Street Journal
Although obscure, the post wields outsize power. It oversees regulations throughout the government, from the Environmental Protection Agency to the Occupational Safety and Health Administration. Obama aides have said the job will be crucial as the new administration overhauls financial-services regulations, attempts to pass universal health care and tries to forge a new approach to controlling emissions of greenhouse gases.
UPDATE: PodCast on behaviorial economics
UPDATE: Cass Sunstein and Bo Cowgill – PDF file
NEXT: Part Three