3 ms·

You seem to be arguing that that's the canonical definition of a prediction market, and anything else, including markets merely aggregating non-insider beliefs

by lxgr 10mo ago

You seem to be arguing that that's the canonical definition of a prediction market, and anything else, including markets merely aggregating non-insider beliefs about future events, should be called something else. Do you have a better proposal?

tptacek 10mo ago
I don't need one.
- lxgr 10mo ago
  Sure, but then discussions about these types of markets are bound to become somewhat confusing for purely nominalistic reasons. (Turns out not every hard naming problem is automatically computer science :)