According to estimates from the World Bank Group, in coordination with the Inter-American Development Bank (IDB), the physical damage to Jamaica caused by Hurricane Melissa totals US$8.8 billion, which is equivalent to 41% percent of the country’s 2024 GDP, making it the costliest hurricane recorded in Jamaica’s history.
Corporate Prediction Markets: Evidence from Google, Ford, and Koch Industries
The document examines the efficiency of corporate prediction markets at Google, Ford, and Koch Industries, and finds that despite some inefficiencies, these markets perform reasonably well.