MichaelBishop comments on Open Thread: July 2009 - Less Wrong

3 [deleted] 02 July 2009 04:00AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (235)

You are viewing a single comment's thread. Show more comments above.

Comment author: MichaelBishop 05 July 2009 05:11:13PM 0 points [-]

my question was about how much more efficient the stock market is, and why.

Comment author: wedrifid 06 July 2009 01:42:49AM 1 point [-]

My answer to whether there are differences between prediction [markets] and markets was no, except in as much as prediction markets that are currently active are far larger (noise cancellation), more heavily traded (more information from more experts is represented already), and have had longer for biasses to be exploited and so corrected for.

Efficiency.