This week I’m off to Germany to present at the University of Frankfurt’s eFinanceLab Spring Conference (thursday Feb 21). I’m teaming up with the City University of Hong Kong’s Christian Wagner to talk about how prediction markets can be used to manage risk in the financial sector. I’m also looking forward to a private meeting [...]
Entries from February 2008
February 4, 2008
Political prediction markets are good for your health
In his latest best-selling book “The Logic of Life”, undercover economist Tim Harford makes the point that voting is a fool’s errand and that, rationally, everyone should be gambling instead. A recent New York Times review sums up the author’s position as follows:
If you really want to make a difference, buy lottery tickets — your [...]