Should prediction markets fall victim to laws restricting gambling?

Congress should create a regulatory pathway for prediction markets.

What impact will a new law banning online gambling have on innovative information markets?

Late last month, as Congress rushed to adjourn, lawmakers passed legislation that would make it a crime for credit card companies and banks to send payments to Internet gambling sites.

This collection of essays provides a state-of-the-art analysis of the potential impact of information markets on public policy and private decision-making.

Combining information markets with paying for performance has the potential to improve how aid is delivered.

A theoretical rationale for the use of information markets in decision making tasks is provided.

The authorsargue that that the Commodities Futures Trading Commission should regulate certain kinds of information market contracts that are futures contracts.