The paper advocates for reduced regulatory barriers to prediction markets, proposing a safe harbor for small stakes markets to enhance decision-making and information gathering in both public and private sectors.
he task force would spend over a year crafting a unique solution: a specialized currency called shares that went into an auction system that combined market efficiency and equitable distribution. To design the system they drew on the principles of market design, which Nobel Prize winning economist Al Roth called ‘the economist as engineer.’