Prediction markets = the future of journalism -said, from day one, Emile Servan-Schreiber of NewsFutures. Emile, if you have balls, lets do it -all together.

My yesterday&#8217-s post about the Obama&#8211-Clinton prediction markets was the most popular Midas Oracle story of that Monday. Hummmm&#8230- No idea why&#8230- I was not helped by Google Search or by an external blogger. Sounds like our Midas Oracle web … Continue reading

ROBIN HANSONS PUBLIC ADMISSION: He signed Bobs petitions, not because he heartfully endorsed them fully, but because he wanted to please Bob, didnt want to be left out of the party, and was persuaded that his own blue-sky proposals wouldnt make it -and other irrational excuses for not saying the tru

Robin Hanson: Hal and Silas, endorsing this proposal does not mean that I would not prefer other proposals- it just means I prefer this to the status quo. Chris Masse is an example of someone who has difficulty accepting this … Continue reading

75,000 people turned out to hear Barack Obama at Waterfront Park, Portland, Oregon, U.S.A.

– Oregon&#8217-s Democratic Primary – InTrade – BetFair – Kentucky&#8217-s Democratic Primary – InTrade – BetFair – NewsFutures Some delegates from FL or MI will be seated at the Democratic Convention.© NewsFutures – First look at individual states for the … Continue reading

Folks, you are reading this within Google Reader, ARENT YOU??

– How to use the Midas Oracle feeds&#8230- – Previous blog posts by Chris F. Masse: A second look at HedgeStreet’s comment to the CFTC about “event markets” Since YooPick opened their door, Midas Oracle has been getting, daily, 2 … Continue reading

Prediction market journalism cant be practiced by the mainstream media. What we need is a revolution.

The eyes-wide-opened Alexis Perrier notes that many &#8220-mainstream media&#8221- do talk about political prediction markets, these days. But that&#8217-s a superficial coverage &#8212-basically, explaining to morons (surfacing from their Afghan cave) what InTrade does. The real thing is prediction market … Continue reading

STRAIGHT FROM OUR U-TURN DEPARTMENT: Here are the VP prediction markets -all of them.

Don&#8217-t you love the Web? Within 15 minutes after my posting my absolute and definitive refusal to publish any bits about the VP prediction markets, I received a long rebuttal by Google&#8217-s Bo Cowgill &#8212-whose great prediction market paper is … Continue reading

Collecting bits and pieces of information, and aggregating it, so we can understand what people know.

Charles Plott has nailed it. – I would lay out this dichotomy: Some of our academics, consultants, and exchange executives have sold the prediction markets as the ultimate forecasting tool &#8212-which is true, but people translated that as &#8220-this is … Continue reading