PredictiveMarkets (ThoughtStorms)

Context : OnMarkets

Conditions for a prediction market to work :

This third reminds me of the HandicapPrinciple (in it's proper form, not my somewhat ironic appropriation for explaining unnecessary effort). For a signal to be truthful (ie. for it to be not worth-while faking it) there has to be some cost to the signaller. (This is pretty over-simplified. Look it up from the first link on the HandicapPrinciple page)

** NewsFutures provides the software :

Contrast :


Added 2018-10-08 : Originally 2018-10-08

See also :