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Paul Hewitt talks about the SCOTUS Prediction Market Results


Toronto, 28.06.2012

In the Toronto Prediction Markets Blog, Paul Hewitt takes a close look at the "Failure" of the Prediction Markets to successfully predict the outcome of US Supreme Court ruling on whether parts of the Affordable Care Act were constitutional.

It´s an interesting article which shows what happens when the amount of opinions from political pundits outweighs the amount of information being put out around the topic of a prediction market. It also considers how practical prediction markets are for binary decisions made by committees.

Food for thought.

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