Iowa Electronic Markets Cited

Researchers involved in the Iowa Electronic Markets, a nonprofit real-money exchange run by professors at the UNIVERSITY OF IOWA, have found that political markets often forecast election results better than polls. The Iowa market only offers contracts on which party is likely to win the US general election and which candidates are likely to win the Republican and Democratic nominations. This Reuters story also appeared on the Web sites of YAHOO! NEWS and INDEPENDENT NEWSPAPERS, based in Dublin, Ireland.