Prediction markets: Difference between revisions
Created page with "Prediction markets buy and sell contracts that pay off (typically $1) if the pre-determined event happens. Under certain conditions, the equilibrium price of a contract can be understood at the consensus probability about the event happening, namely if the no-arbitrage principle applies. PredictIt Polymarket"
(Created page with "Prediction markets buy and sell contracts that pay off (typically $1) if the pre-determined event happens. Under certain conditions, the equilibrium price of a contract can be understood at the consensus probability about the event happening, namely if the no-arbitrage principle applies. PredictIt Polymarket") |
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