Wolfers, Justin (contributor); Zitzewitz, Eric (contributor) - 2006
referred to as “information markets,” “idea
futures” or “event futures”, are markets where participants trade contracts whose … payoffs
are tied to a future event, thereby yielding prices that can be interpreted as market-
aggregated forecasts. This … “event futures”, are markets where participants trade contracts whose payoffs
are tied to a future event, thereby yielding …