Re: [Vo]:Should there be a prediction market for LENR?

2012-03-31 Thread Guenter Wildgruber
Von: Jed Rothwell jedrothw...@gmail.com An: vortex-l@eskimo.com Gesendet: 4:09 Samstag, 31.März 2012 Betreff: Re: [Vo]:Should there be a prediction market for LENR? pagnu...@htdconnect.com wrote:   And, having odds makers following LENR might generate

Re: [Vo]:Should there be a prediction market for LENR?

2012-03-31 Thread Guenter Wildgruber
Von:pagnu...@htdconnect.com pagnu...@htdconnect.com An: Guenter Wildgruber gwildgru...@ymail.com Gesendet: 18:59 Samstag, 31.März 2012 Betreff: Re: [Vo]:Should there be a prediction market for LENR? Guenter, You are too cynical no, my dear friend, I'm trying to be a humanist realist. Cynicism

[Vo]:Should there be a prediction market for LENR?

2012-03-30 Thread pagnucco
There are several prediction markets that allow legal wagers on political, economic, technological, ..., events. The Wikipedia page at - en.wikipedia.org/wiki/Prediction_market - lists and describes them: Prediction markets (also known as predictive markets, information markets, decision

Re: [Vo]:Should there be a prediction market for LENR?

2012-03-30 Thread OrionWorks - Steven V Johnson
From pagnucco: ... People who buy low and sell high are rewarded for improving the market prediction, while those who buy high and sell low are punished for degrading the market prediction. Evidence so far suggests that prediction markets are at least as accurate as other institutions

Re: [Vo]:Should there be a prediction market for LENR?

2012-03-30 Thread Jed Rothwell
I do not know much about prediction markets but this seems like a bad idea because the game is rigged. Whether a Fortune 500 company will announce a product or not is entirely a matter of politics. There are no technical reasons to prevent this from happening. In a sane world, every Fortune 500

Re: [Vo]:Should there be a prediction market for LENR?

2012-03-30 Thread pagnucco
You make a excellent point, Jed. I have heard accusations that some of these markets may have been manipulated by certain political election campaigns. It probably doesn't require a huge investment to move the odds. However, these markets are probably too small for a major corporation to make

Re: [Vo]:Should there be a prediction market for LENR?

2012-03-30 Thread Jed Rothwell
pagnu...@htdconnect.com wrote: And, having odds makers following LENR might generate a lot of public interest. Sure. It sounds like fun. I have no objection whatever to setting up this bet. I am just saying that the issue will be decided by the money people. If they decide to invest