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Here Comes Harry!

prediction market lists the hero’s survival at 90% as of 12:37 AM, EDT. Reuters profiles Mugglenet, a virtual Potter-ized world created by then-12-year-old fan Emerson Spartz that now receives up…



More creative uses of markets

It seems like not a week goes by without another prediction market being launched. This week’s entry: CasualObserver.net . Up and running just one week, it focuses on the U.S….




Harvard Shuts Down its Nobel Prize Pool

…economics faculty ran the site for a few years, dubbing it, “the world’s most accurate prediction market.” Apparently, Harvard wasn’t too keen on the idea, as the following notice now…



Episode 141

Is Greed Good?

Who’s greedier — gamblers or casinos? What’s the difference between betting on sports and entering a charity raffle? And does Angela know the name of her city’s football team? Take…

The FREAK-est Links

Can a future of Internet gridlock be avoided? Corporate prediction markets conference kicks off in Kansas City, Mo. A breakdown of Halloween spending. Expert debunks myths about current U.S. wages…



The FREAK-est Links

Submit your entries for the new NASA slogan. Will humans evolve based on high carb diets? (Earlier) The latest in prediction markets: how good will a new product be? Vote…



The FREAK-est Links

Are prediction markets efficient? Robert Frank back on his feet after a heart attack. (Earlier) Hackers use “flirt” program to fool would-be online daters. (HT: Marginal Revolution) Malawian innovator builds…




Caricaturing Economists

I was at the?Legg Mason Thought Leader Forum last week, talking about my research over recent years on?prediction markets.? It was good fun, but the real novelty was that as…



Wedding-Driven Markets

…action? The prediction markets are already bubbling. Interested parties can bet on everything from the color of the queen’s hat to the vows to the length of Middleton’s train. [%comments]…



The FREAKest Links: Potter Deathwatch Edition

Included in the hubbub leading up to the final Harry Potter installment is a prediction exchange in which participants bet on whether Harry lives or dies — although betting has…



The FREAK-est Links

How well has the Radiohead experiment fared? (Earlier) Employers adopting personality tests to avoid “hiring jerks”. A “How To” for corporate prediction markets. Are we more likely to vote for…



Who Cares About Economists?

…and there’s been a virtual flood of press coverage: 1. A report on a new paper about Google’s internal prediction markets (which Justin Wolfers, one of its authors, previewed here);…




Markets Give Geithner a Vote of Confidence

Treasury Secretary Geithner‘s fears about unemployment appear to be disappearing fast. Or at least his personal fears. According to the prediction markets at Intrade.com, the chances that he departs his…



What I've Been Thinking About

…not been able to convince them of the importance of careful analysis of observational data. Plus?there’s plenty more, on topics ranging from happiness to prediction markets, discrimination, inflation expectations and…



Massachusetts Senate Race Update

In the last couple of hours, the InTrade prediction markets have moved sharply in favor of the Republican candidate Scott Brown to defeat Martha Coakley in the Massachusetts Senate race….



Gambling on the Go

…lay down a few bets on those developments? Well, there’s an app for that: Intrade, one of our favorite prediction markets, has just released a free app. Given the general…



An Economist's View of the New Oscar Voting

…to the new system, we can use this to start a conversation about the best way to elect the next President. And my tip?? Follow the prediction markets.? Right now,…



A March Surprise?

…leader David Cameron — the likely winner, per the prediction markets, in the yet-to-be called election — has just unleashed a doozy: his wife Samantha is expecting the couple’s fourth…




The FREAKest Links: Two’s A Crowd Edition

…Informed Reader blog.) Tim Harford, the Undercover Economist, analyzes on Slate whether political prediction markets (a subject we’ve touched on often) can be rigged by a candidate (or a rival)…





When Dubner Talks, People Listen

Well, at least the folks at the PopSci Predictions Exchange listen. Last week Dubner blogged about Jatropha, a weed that could spearhead a biofuel revolution. At the end of his…



The betting site for big thinkers

I love to gamble. Personally, I’m pretty content with the menu of bets you can find at the typical internet sports book: NFL, Nascar, the next winner of American Idol,…



Is It Time to Name This Recession?

As evidenced by this chart from the betting site Intrade, the probability of Slumdog Millionaire winning the Oscar for Best Picture has risen over the past two months right along…