The Uses and Abuses of Prediction Markets

Prediction markets allow people to bet money on political outcomes. Can they help us guess what will happen in the future?  Tekst: Olof FägerstamIllustration: Thea Montevere Haakonsen One of humanity’s greatest problems is that we are exceptionally bad at predicting the future. Tens of thousands of analysts work full-time at understanding the world, yet most major political events come as complete … Les mer