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Empowering yourself with forecasting | David Chee | EAGxVirtual 2022

EA Talks

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Prediction Markets - The Skin in the Game Feeling the Downside

Luka: The probability of probability is the same as confidence and probability I think it's just like an easier way for people to understand it. But yeah, it is a slight problem with prediction markets that they can be like a little bit of like what your belief is right you generally would answer truthfully on the poll because there's no real reason not to. With prediction markets actually there's a little bit more of a game to it where you're not necessarily always good in making predictions. Luka says he still feels the downside everyone making the prediction game.

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