Pentagon Futures Market Scrapped
Bookmark & ShareJuly 29, 2003
Futures markets can help predict anything from the direction of interest rates and the price of oil to election. The Pentagon has plans to set up a futures market that could help predict assassinations or terrorist attacks, but that program was dropped this morning. Several prediction markets are noted in the report, including the UNIVERSITY OF IOWA'S Iowa Electronic market, used in predicting presidential races.
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