Prediction Markets. (3 h)

Prediction markets help make forecasts about upcoming events, and are used by large companies to manage risk. This course provides background on what these markets are, the theoretical reasons why they might work, and studies real world applications such as election forecasting. Students will participate and trade in a live prediction market throughout the semester. P – ECN 205 or 210 ; and ECN 209 or 215 . (D)