This paper examines the problem of a college affected by both a legal ban on affirmative action in admissions and pressure to raise enrollment of underrepresented minorities (URMs), as exemplified by UCLA, which adopted a holistic admissions process in 2006 in response to protests over low URM...

Prediction Markets, sometimes 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 article summarizes...