Thanks. I’ve been curious about the interest question for a while.
McCluskey’s followup: http://www.bayesianinvestor.com/blog/index.php/2008/11/13/automated-market-maker-results/
Googling some more, relevant links are http://www.overcomingbias.com/2007/11/intrade-fee-str.html and http://bb.intrade.com/intradeForum/posts/list/4471.page
Probably could find more examples of how Intrade is not an optimal prediction market using this tag: http://www.overcomingbias.com/tag/prediction-markets
Thanks. I’ve been curious about the interest question for a while.
McCluskey’s followup: http://www.bayesianinvestor.com/blog/index.php/2008/11/13/automated-market-maker-results/
Googling some more, relevant links are http://www.overcomingbias.com/2007/11/intrade-fee-str.html and http://bb.intrade.com/intradeForum/posts/list/4471.page
Probably could find more examples of how Intrade is not an optimal prediction market using this tag: http://www.overcomingbias.com/tag/prediction-markets