Prediction Markets
Justin Wolfers,Eric Zitzewitz — Prediction Markets (2004)Justin Wolfers; Eric Zitzewitz · 2004 · Article · section 'Accuracy of Prediction Markets'EstablishedSource attached · not independently reviewedCLM-0654 · as of 2026-10-27 · about: Prediction markets for policy · Author: Polity Atlas editorial team
“A review of the evidence reports that the Iowa Electronic Markets have outperformed large polling organisations; over four US presidential elections their final-week forecasts of vote shares erred by about 1.5 percentage points on average, against 2.1 points for the final Gallup poll.”
Evidence that supports
1Evidence that contradicts
0No counter-evidence recorded.
Context
Prediction Market Accuracy in the Long Run
Status history
No earlier revisions.
Disputes
No disputes have been filed.