A FRIEND OF THE PREDICTION MARKETS IN THE WHITE HOUSE

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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&#8217-s Cass Sunstein&#8217-s track record on prediction markets:

Infotopia: How Many Minds Produce Knowledge (Oxford University Press 2006)&#8230- 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.

UPDATE:

– Chicago Tribune

– WashPost

– 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

10 thoughts on “A FRIEND OF THE PREDICTION MARKETS IN THE WHITE HOUSE

  1. A FRIEND OF PREDICTION MARKETS IN THE WHITE HOUSE - Part 2 | Midas Oracle .ORG said:

    […] Chris F. Masse January 8th, 2009 Previously: Part One […]

  2. Prediction Market Academic heads Obama's Office of Information and Regulatory Affairs! » PMJ said:

    […] For more info about Cass Sustein’s support of prediction markets see Chris Masse’s post. […]

  3. A FRIEND OF THE PREDICTION MARKETS IN THE WHITE HOUSE - Part 3 | Midas Oracle .ORG said:

    […] F. Masse January 9th, 2009 Previously: Part One – Part […]

  4. A FRIEND OF THE PREDICTION MARKETS IN THE WHITE HOUSE - Part 4 | Midas Oracle .ORG said:

    […] F. Masse January 9th, 2009 Previously: Part One – Part Two – Part […]

  5. Cass Sunstein is too much. | Midas Oracle .ORG said:

    […] Part One – Part Two – Part […]

  6. A FRIEND OF PREDICTION MARKETS IN THE WHITE HOUSE - Part 2 | Midas Oracle .ORG said:

    […] Chris F. Masse January 8th, 2009 Previously: Part One […]

  7. Prediction Market Academic heads Obama's Office of Information and Regulatory Affairs! » PMJ said:

    […] For more info about Cass Sustein’s support of prediction markets see Chris Masse’s post. […]

  8. A FRIEND OF THE PREDICTION MARKETS IN THE WHITE HOUSE - Part 3 | Midas Oracle .ORG said:

    […] F. Masse January 9th, 2009 Previously: Part One – Part […]

  9. A FRIEND OF THE PREDICTION MARKETS IN THE WHITE HOUSE - Part 4 | Midas Oracle .ORG said:

    […] F. Masse January 9th, 2009 Previously: Part One – Part Two – Part […]

  10. Cass Sunstein is too much. | Midas Oracle .ORG said:

    […] Part One – Part Two – Part […]

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