3min chapter

Institutionalized cover image

Prediction Markets with Stephen Grugett

Institutionalized

CHAPTER

Prediction Markets

A prediction market is a market on where peticements bet on the measurable, resolvable outcome of some question. The first political bests were placed in the 15 hundreds and electronic prediction markets came about in ithi the present election by their 84 88. We're interested an how we should think about them as nacent institutions. How will the process of prediction itself shape the underlying matter that is being predicted?

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