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People value money differently - so any prediction market with real money is just a play money market for rich people. That doesn't give it better predictive p
by learnstats2 6y ago
People value money differently - so any prediction market with real money is just a play money market for rich people.
That doesn't give it better predictive powers - and maybe the opposite.
Uprating people with a historical record of accuracy is likely to be at least better than wealth as a marker.