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References and Notes

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Hahn R., Tetlock P., Harvard J. Law Pub. Pol.28, 213 (2005).
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Snowberg E., Wolfers J., Zitzewitz E., Q. J. Econ.122, 807 (2007).
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Polgreen P. M., Nelson F., Neumann G., Clin. Infect. Dis.44, 272 (2007).
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Cowgill B., Wolfers J., Zitzewitz E., “Using prediction markets to track information flows: Evidence from Google,” Dartmouth College (2008); www.bocowgill.com/GooglePredictionMarketPaper.pdf.
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Arrow K., et al., “Statement on prediction markets,” AEI-Brookings Joint Center Related Publication No. 07–11 (May 2007); available at Social Science Research Network (SSRN), http://ssrn.com/abstract=984584.
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Wolfers J., Zitzewitz E., “Interpreting prediction market prices as probabilities,” Stanford Graduate School of Business (2005).
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Manski C., Econ. Lett.91, 425 (2006).
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Sunstein C., Infotopia: How Many Minds Produce Knowledge (Oxford Univ. Press, New York, 2006).
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Ottaviani M., Sørensen P. N., J. Eur. Econ. Assoc.5, 554 (2007).
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Tetlock P., “Liquidity and prediction market efficiency” (March 2008); available at SSRN: http://ssrn.com/abstract=929916.
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No-action letter from Andrea M. Corcoran, Director, Commodity Futures Trading Commission (CFTC) Division of Trading and Markets, to George R. Neumann, Professor of Economics, University of Iowa (5 February 1992); www.cftc.gov/files/foia/repfoia/foirf0503b002.pdf.
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On May 1, 2008, the CFTC requested public comment on the appropriate regulatory treatment of prediction markets. “Commodity Futures Trading Commission, Concept release on the appropriate regulatory treatment of event contracts” (May 2008); www.cftc.gov/stellent/groups/public/@lrfederalregister/documents/file/e8-9981a.pdf.
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The views expressed here represent those of the authors and do not necessarily represent the views of the institutions with which they are affiliated. Support provided by the Reg-Markets Center at AEI (http://www.reg-markets.org/).

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Published In

Science
Volume 320 | Issue 5878
16 May 2008

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Published in print: 16 May 2008

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Authors

Affiliations

Kenneth J. Arrow
Department of Economics, Stanford University, Stanford, CA 94305, USA
Robert Forsythe
College of Business, University of South Florida, Tampa, FL 33620, USA
Michael Gorham
Stuart School of Business, Illnois Institute of Technology, Chicago, IL 60661, USA
Robert Hahn* [email protected]
Reg-Markets Center at American Enterprise Institute, Washington, DC 20036, USA
Robin Hanson
Department of Economics, George Mason University, Fairfax, VA 22030, USA
John O. Ledyard
Department of Economics, California Institute of Technology, Pasadena, CA 91125, USA
Saul Levmore
University of Chicago Law School, Chicago, IL 60637, USA
Robert Litan
Kauffman Foundation, Kansas City, MO 64110, USA
Paul Milgrom
Department of Economics, Stanford University, Stanford, CA 94305, USA
Forrest D. Nelson
Department of Economics, University of Iowa, Iowa City, IA 52242, USA
George R. Neumann
Department of Economics, University of Iowa, Iowa City, IA 52242, USA
Marco Ottaviani
Kellogg Graduate School of Management, Northwestern University, Evanston, IL 60208, USA
Thomas C. Schelling
School of Public Policy, University of Maryland, College Park, MD 20742, USA
Robert J. Shiller
Department of Economics, Yale University, New Haven, CT 06520, USA
Vernon L. Smith
Chapman University School of Law, Orange, CA 92866, USA
Erik Snowberg
Graduate School of Business, Stanford University, Stanford, CA 94305, USA
Cass R. Sunstein
University of Chicago Law School, Chicago, IL 60637, USA
Paul C. Tetlock
Yale School of Management, New Haven, CT 06520, USA
Philip E. Tetlock
Haas School of Business, University of California, Berkeley, CA 94720, USA
Hal R. Varian
School of Information, University of California, Berkeley, CA 94720, USA
Justin Wolfers
The Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA
Eric Zitzewitz
Department of Economics, Dartmouth College, Hanover, NH 03755, USA

Notes

*
Author for correspondence. E-mail: [email protected]

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