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Information aggregation markets and space development

Published by Sigurd De Keyser on Mon Jun 13, 2005 9:11 am
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by Sam Dinkin, One of the most interesting economics technologies that has not yet been widely deployed is the information aggregation market (infomart). These markets support open trading on “proposition bets”, wagers on which of two or more outcomes will occur. Such markets can continuously predict the future with more accuracy than opinion polls. Wouldn’t it be nice to know the best answer for whether Elon Musk will achieve $500/pound? How many suborbital space flights will occur in 2009?

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