[Michael Abramowicz, guest-blogging, February 4, 2008 at 9:05am] Trackbacks
The Biggest Prediction Market of the Year:

The graph is of the last hour of the Giants' season, as viewed through the Tradesports.com prediction market.

This Giants fan thanks Eugene and the rest of the Conspiracy for letting me guest-blog the past week about my book Predictocracy and about prediction markets. I hope that I have persuaded you at least that prediction markets have the potential to be useful inputs into our public and private decision-making processes.

Meanwhile, I hope to have encouraged at least a few of you to consider writing about the possible use of prediction markets in decision-making institutions. My future research will mostly take me away from prediction markets, but I would be happy to chat with anybody (including, of course, law students) who are interested in doing work in this area. I have many further ideas for applications, experiments, and analyses that did not make it into the book, and would enjoy hearing about your own ideas.