IEM Predicts Vote Share Better Than Polls
Bookmark & ShareSeptember 2, 2008
Source: WKYT-TV, Lexington KY
In the IOWA ELECTRONIC MARKETS, a low-stakes trading market at the University of Iowa, participants can wager from $5 to $500 in winner-take-all futures markets in everything from political races to box office receipts. In 75 percent of the cases, the Iowa market prices predict the actual vote share of the election better than polls.
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