Prediction market algorithm

Prediction market algorithm

I play on FX (Foresight Exchange), which as I recall is a direct outgrowth of that research. The algorithm they use for making trades is simplicity itself. Make a sorted list of buy and sell orders by price (two lists, obviously). Any time a new buy or…

Prediction market criticism

Prediction market criticism

Unfortunately, statistics—and the scientific process more generally—often seems to be used more as a way of laundering uncertainty, processing data until researchers and consumers of research can feel safe acting as if various scientific hypotheses are…

Geospatial job market predictions

Geospatial job market predictions

Basic definitions first: Geo means earth. Spatial can describe anything that takes up space. Geospatial, then, would apply to anything that takes up space on the earth. Data provides information, so geospatial data provides information about something…

Prediction markets terrorism

Prediction markets terrorism

WASHINGTON (CNN) - Facing an outcry on Capitol Hill, the Pentagon on Tuesday killed a program that would have had investors betting on the likelihood of terrorist attacks and assassinations. It s going to be terminated,Deputy Defense Secretary Paul Wolfowitz…

Prediction markets innovation

Prediction markets innovation

Can prediction markets forecast which ideas will become successful innovations? Most large organizations have suggestions schemes which involve sharing ideas on an intranet social media site. Here people can comment on ideas and vote for them. But there…

Recent stock market crash predictions

Recent stock market crash predictions

Beware of fund managers bearing double y-axes. Humans are easily confused, especially by double y-axes. Exhibit A: The chart above that s been making the rounds again. It shows how the stock market today looks—dun, dun, dun— just like it did in 1929…

GIS job market predictions

GIS job market predictions

According to a recent article in Nature , the U.S.Department of Labor identified geographic information technology as “one of the three most important emerging and evolving fields, along with nanotechnology and biotechnology.Job opportunities are growing…

Market prediction with God math

Market prediction with God math

Burbank says that he’s tested DeMark’s algorithms and that they’re much more predictive than other systems. “Using DeMark indicators is like seeing the market in color, when before you were looking at it in black and white, ” he says. Among DeMark’s calls:…

Prediction markets economists

Prediction markets economists

FOR over a year, the prediction market site Intrade offered a contract on whether the Supreme Court would rule the Obamacare s individual mandate unconstitutional by the end of 2012. For most of its life, the contract traded below $5; the collective wisdom…

Christchurch property market prediction

Christchurch property market prediction

A proliferation of fraud in Christchurch, predicted by the Serious Fraud Office, hasn t eventuated, says Anne Tolley, the minister responsible for the white collar crime investigator. The SFO said in its 2013 annual report that it was seeing an uptick…

Prediction markets for electricity demand

Prediction markets for electricity demand

Forecasting electricity demand for future years is an essential step in resource planning. A common approach is for the system operator to predict future demand from the estimates of individual distribution companies. However, the predictions thus obtained…

Social prediction market

Social prediction market

Liangfei Qiu University of Texas at Austin - Department of Economics Huaxia Rui University of Rochester - Simon Business School Andrew B. Whinston University of Texas at Austin - Department of Information, Risk and Operations Management Information aggregation…

Accurate stock market predictions

Accurate stock market predictions

(MoneyWatch) The financial media tends to focus most of its attention on stock market forecasts by purported investment gurus. They do so because they know that s what gets the public s attention. Investors must believe they have value or they wouldn…

El Erian stock market prediction

El Erian stock market prediction

As the Dow Jones Industrial Average closes in on 17 and the S&P 500 index nears 2, investors are cheering stronger economic data this spring after winter weather walloped the economy in the first quarter. The latest data, including manufacturing…

Psychic housing market predictions

Psychic housing market predictions

Averi Torres likes to go vacation in Borrego Springs at the end of the year. The high desert winds and open spaces help sharpen her intuitive instincts into what has been for years a knock on clairvoyance’s door. So, from Borrego Springs, Torres offered…