Can prediction markets create the future they predict?

Wait 5 sec.

Prediction market platforms allow people to bet on real-world events like politics, culture, economics, war, and sports. Their defining feature is the buying and selling of contracts. They operate on a peer-to-peer model in which participants buy and sell contracts tied to the outcome of future events rather than betting against a bookmaker. Most contracts […]The post Can prediction markets create the future they predict? appeared first on Asia Times.