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Prediction Market Accuracy: Crowd Wisdom or Informed Minority?(papers.ssrn.com)
19 points by Anon84 2 days ago | 3 comments
avaer 2 days ago | parent | next [-]

TLDR (of the paper): prediction markets are basically a scam with extra steps. If you're not in on the scam (top 3%), you're the sucker (the liquidity).

edge_trader_41 a day ago | parent [-]

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aaron695 2 days ago | parent | prev [-]

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