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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: LPS5 who wrote (16803)	7/30/2003 12:16:54 AM
From: Jon Tara	Read Replies (1) \| Respond to of 18137

I believe there is a university in the U.S. that runs a similar market. It's broader in scope. It's the one where you can bet on presidential elections. The amount that you can fund an account with is pretty limited, but is enough to make it "real money". (I think a couple of thousand dollars.) The web site didn't say anything about contracts on terrorist acts. That was apparently extrapolation by the news media. The closest it came was talking about contracts on specific events. The example events were more benign, though significant and potentially disruptive. For example, the formation of a Palistinian state by such-and-such a date. The idea was to bring together experts in various fields of middle eastern studies, and use the marketplace to derive cross-displinary predictions. I suppose the same thing could be done, though, with opinion polls and simulation.