What does insurance X prediction markets look like
16% of all Cubans living in America in 1990 arrived during the Mariel Boatlift. 8% of all Cuban-Americans (that were in the country in 1990) arrived in the single month of May 1980.
When Markets Beat
The text discusses the effectiveness of prediction markets, particularly the Iowa Electronic Markets, in forecasting election outcomes more accurately than traditional polls, while exploring underlying theories and debates surrounding their predictive capabilities.
@NathanpmYoung @ManifoldMarkets yup, agreed.
the root of the problem seems to be a difficulty in finding uninformed flow that doesn’t come from degen gamblers.
cf @hoke_t ‘s great essay: https://t.co/yQwXkRjrLh