An Interesting New Prediction Market
…about prediction markets and here is the famous Iowa Electronic Market, which will be a very busy place as the upcoming elections unfold. And who doesn’t love a good poker…
Is booing an act of verbal vandalism or the last true expression of democracy? And: when you drive a Prius, are you guilty of “conspicuous conservation”? This is a “mashupdate”…
…about prediction markets and here is the famous Iowa Electronic Market, which will be a very busy place as the upcoming elections unfold. And who doesn’t love a good poker…
Conspicuous conservation is about showing off your environmental bona fides. In other words, if you lean green, there’s extra value in being seen leaning green.
…step will be increased lending to the consumer. C) Mark-to-market accounting was removed in March 2009. Guess what? That’s when the market went straight up; and it’s still 90% higher…
…currently not available). b) Others say that such a market would be impossible to properly design and regulate (although this “kidney exchange” program, created by market-design expert Al Roth of…
…are sharp adverse market movements, but then not taking the decisive actions necessary to calm the markets, leading to adverse market reactions, etc. In contrast, after the passage of TARP,…
Labor exploitation! Corporate profiteering! Government corruption! The 21st century can look a lot like the 18th. In the final episode of a series, we turn to “the father of economics”…
Markets are hardly perfect, but the results can be ugly when you try to subvert them.
In just a few weeks, the novel coronavirus has undone a century’s worth of our economic and social habits. What consequences will this have on our future — and is…
How do so many ineffective and even dangerous drugs make it to the market? One reason is that clinical trials are often run on “dream patients” who aren’t representative of…
How pharma greed, government subsidies, and a push to make pain the “fifth vital sign” kicked off a crisis that costs $80 billion a year and has killed hundreds of…
The U.S. is home to seven of the world’s 10 biggest companies. How did that happen? The answer may come down to two little letters: V.C. Is venture capital good…
In the U.S., there will soon be more people over 65 than there are under 18 — and it’s not just lifespan that’s improving, it’s “healthspan” too. Unfortunately, the American…
Thick markets, thin markets, and the triumph of attributes over compatibility.
Most epidemics flare up, do their damage, and fade away. This one has been raging for almost 30 years. To find out why, it’s time to ask some uncomfortable questions….
…the art market in the last three or four years is simply unsustainable. Pundits say it’s because “new world billionaires” like Abramovich have entered the market, but I don’t see…
Thick markets, thin markets, and the triumph of attributes over compatibility.
It used to feel like magic. Now it can feel like a set of cheap tricks. Is the problem with Google — or with us?…
…they had bargained for. If the loan was in excess of the market value from Day 1, as the housing market declines, this difference – and the capital market investors’…
It used to feel like magic. Now it can feel like a set of cheap tricks. Is the problem with Google — or with us? And is Google Search finally…
…will be extended to five years. We will then have a clearer picture of market expectations for home prices. For now, it is worth noting that the market is predicting…
Probably not. But, in what is either a very odd coincidence or some kind of concerted effort to get out the organ-market message, there are OpEds in both the N.Y….
Every year, Edge.org asks its salon of big thinkers to answer one big question. This year’s question borders on heresy: what scientific idea is ready for retirement?
…fee because they think the probability that he will flee is lower. Indeed, in a truly competitive market, the bail bond percentage fee is one of the oldest prediction markets….
For years, economists promised that global free trade would be mostly win-win. Now they admit the pace of change has been “traumatic.” This has already led to a political insurrection…
…and it persisted after they rose. And with interest rates near their lower bound, why is the housing market still in the tank? And if you think the housing market…
…has its risk. Patient buyers ceded control over the format choice to impatient buyers and sellers. Did earlier market participants make a choice that serves the interests of later market…
Macy’s wants to recapture its glorious past. The author of the Wimpy Kid books wants to rebuild his dilapidated hometown. We just want to listen in. (Part two of a…
After Haiti’s devastating earthquake, Rajiv Shah headed the largest humanitarian effort in U.S. history. As chief economist of the Gates Foundation he tried to immunize almost a billion children. He…
Everyone makes mistakes. How do you learn from them? Lessons from the classroom, the Air Force, and the world’s deadliest infectious disease. Part of the series “How to Succeed at…
