June 9, 2009
More on the Fischer Black Model
June 9, 2009
The Purpose of the Public Health Insurance Plan
June 8, 2009
Justin Fox, Fischer Black, Tyler Cowen
June 8, 2009
Limits to Progress?
June 8, 2009
Behaviorial Geneticists versus Policy Implications
June 7, 2009
Isn't That Just an Asian Effect?
June 7, 2009
Forecasting
June 6, 2009
On Being Certain
June 6, 2009
Obama on How Markets Reduce Racial Discrimination
Arnold
Don't these use "virtual" currency?
I highly doubt we can get as much accuracy
out of fake money...the incentives just aren't there.
If markets look ahead, then they would seem to be saying that the Obama panic is on.
@Tushar
There has been a lot of research into the accuracy of virtual money prediction markets. The bottom line is that they can be just as accurate as real money ones. Google for "Does money matter: prediction markets" to find some good research.