Neumann, Berg Discuss IEM Performance During Primary Season
June 4, 2008 | MSNBCNow that Barack Obama has locked up the Democratic presidential nomination, electronic market experts are looking back to see how futures markets performed during the primary season. GEORGE NEUMANN, finance professor at the University of Iowa and a member of the Iowa Electronic Markets board of governors, sizes up the performance of the markets from a different perspective: How soon did the investors settle on a consensus pick? "The thing that impressed me was how quickly the markets selected the eventual winners," he said. JOYCE BERG, IEM director and accounting professor, is also quoted in the story.