Wisdom Hive

Before going into any more depth about prediction markets, this post should serve as an additional basic primer in the concepts of how these markets function (newcomers may also wish to read our first post).  The aim of this post is to set out the basic assumptions that will be incorporated into future posts. (more…)

Prediction markets work by trading.  Prices are determined by what individuals trading in the marketplace are willing to pay.  But what if there’s only a small number of people in the marketplace?  What if nobody is buying, or nobody is selling? (more…)