July 30, 2003

Defending PAM

Noah Shachtman has a story on PAM defenders. There are plenty of examples in it where markets are pretty good predictors. Noah's weblog also has links to other PAM stories [here and here]. What really caught my eye are links to markets predicting future homeland security alerts and the extend and duration of SARS outbreaks. Does Sen. Wyden (D-OR) think this is "grotesque?"

For some academic thinking into events markets, Robin Hanson has a page with links to his own research as well as other documents.

"The Case for Terrorism Futures"