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Konkvistador comments on Prediction market sequence requested - Less Wrong Discussion

30 [deleted] 26 October 2012 10:59AM

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Comment author: [deleted] 26 October 2012 06:32:51PM *  3 points [-]

I agree. I assumed any prediction markets sequence that would be undertaken would include this. Even one that didn't would at least be useful to the economically literate who haven't considered prediction markets yet.

Comment author: BlueSun 26 October 2012 11:41:01PM 1 point [-]

That's a good point too. which brings up the question of why they're not as well accepted. I've kind of figured it was because prediction markets are a new(er) idea and "science advances one funeral at a time." I predict the next wave of economists will all think in terms of prediction markets, p=80%.