added by Lucas Kohorst · updated 2d ago
Kalshi’s Court Victory: A Turning Point for Prediction Markets?
- Oftentimes with surprisingly little liquidity, prediction markets prove highly accurate and robust in the face of interference. The "wisdom of crowds" phenomenon ensures that these markets frequently outperform traditional forecasting tools like polls. For instance, the University of Iowa operates the Iowa Electronic Markets (IEM) as a research pro... See more
from Kalshi’s Court Victory: A Turning Point for Prediction Markets? by Mohit Agarwal
Lucas Kohorst added 2d ago
- This information value is significant enough that people check prediction markets for real-time updates on events; some (e.g. The Base Rate Times, Polymarket, Kalshi) are building out media coverage and newsletters based on this data.
from Kalshi’s Court Victory: A Turning Point for Prediction Markets? by Mohit Agarwal
Lucas Kohorst added 2d ago