By Nick Whitaker and J. Zachary Mazlish, this is the best piece on this question so far. Excerpt, noting I will not double indent: “Rather than regulation, our explanation for the absence of widespread prediction markets is a straightforward demand-side story: there is little natural demand for prediction market contracts, as we observe in practice. […] The post Why prediction markets are not popular appeared first on Marginal REVOLUTION.
Authors
- Published in
- United States of America
- Rights
- © Tyler Cowen
