“Political prediction markets — in which participants buy and sell “contracts” based on who they think will win an election — accurately predicted Barack Obama’s 2008 victory. Now Northwestern University researchers have determined that these markets behave similar to financial markets, except when traders’ partisan feelings get in the way.”
– Predicting politics: Professors model prediction markets
“Political prediction markets — in which participants buy and sell “contracts” based on who they think will win an election — accurately predicted Barack Obama’s 2008 victory. Now Northwestern University researchers have determined that these markets behave similar to financial markets, except when traders’ partisan feelings get in the way.”
– Predicting politics: Professors model prediction markets
The Smarter Planet tumblelog is an outgrowth of IBM’s strategic initiative to help a world of smart systems emerge.