Are Prediction Markets the Most Valuable Tool?

Predictive markets are designed to give you a market price, which is a reflection of how people think this market will be resolved. The way they resolve it or not may not be a useful thing for obvious questions where it's clear to every one whether a thing has happened or not. If we succeed in normalizing prediction markets as a tool of public policy, that could encourage us to just adjudicate more and more questions through these things, right? I don't think it takes any work to convince people to go along with ideological visions," says Richard analia.