Prediction markets assessment of the Presidential Election | Jim Garvens Blog
Prediction markets assessment of the Presidential Election | Jim Garvens Blog Todays Wall Street Journal article entitled For Math Whizzes, The Election Means A Quadrillion Options provides an overview of the various quantitative techniques being employed by geeks all over the country who typically are tenured college professors who probably have too much time on their hands. Notwithstanding the barrage of criticism which has been leveled at the prediction markets (e.g., one commentator has described the Iowa Electronic Exchange Market as college students playing with their lunch money, and others have offered even more unflattering comments which will not be repeated here), I remain a fan and am looking forward to how the realized election results line up with these markets predictions.
Todays Wall Street Journal article entitled For Math Whizzes, The Election Means A Quadrillion Options provides an overview of the various quantitative techniques being employe...