Posts Tagged ‘prediction markets’

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    Presidential Futures

    Jan 2, 12 • 180 Views • Behavioral Economics, Demand, Supply, and Markets, Thinking EconomicallyNo Comments

    The prices of buy and sell contracts for the Republican presidential candidates in Iowa provide a good history of the beginning of the primary race. Romney contracts (max of $1) on the first and last day of each month since September 1 were: September:

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    Presidential Wagers

    Nov 12, 11 • 176 Views • Behavioral Economics, Demand, Supply, and Markets, Thinking EconomicallyNo Comments

     Looking at the University of Iowa GOP Iowa Caucus Market, you could create these headlines: “Gingrich gains.” “Cain crashes.” Perry plummets. Romney remains. With quotes indicated every 15 minutes, the University of Iowa

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    Oscar Markets

    Jan 29, 11 • 166 Views • Behavioral Economics, Demand, Supply, and Markets, Financial MarketsNo Comments

    Can a crowd be smarter than an individual? In The Wisdom of Crowds, business columnist James Surowiecki, says “Sometimes, yes.” Starting with a crowd betting on the weight of an ox and ending with the crowd and democracy, Surowiecki looks at