Prediction markets: Difference between revisions
Content deleted Content added
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" |
(No difference)
|
Revision as of 07:28, 6 February 2022
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.