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Can prediction markets create the future they predict?

Prediction market platforms allow people to bet on real-world events like politics, culture, economics, war, and sports. Their defining feature is the buying and selling of contracts. They operate on a peer-to-peer model in which participants buy and sell contracts tied to the outcome of future events rather than betting against a bookmaker. Most contracts […]

The post Can prediction markets create the future they predict? appeared first on Asia Times.

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