Nelson Talks about Market Discrepancies
Bookmark & ShareOctober 19, 2008 Source: New York Times
The prediction market Intrade.com has been out of step with the other prediction markets, including the Iowa Electronic Markets, revealing that a single investor was manipulating the results. "The surprising thing is not that there was some manipulation, it is that it was sustained," said Forrest Nelson, who teaches at The University of Iowa. Variations of this story are appearing widely.
