Prediction Market FAQ

https://astralcodexten.substack.com/p/prediction-market-faq

This is a FAQ about prediction markets. I am a big proponent of them but have tried my hardest to keep it fair. For more information and other perspectives, see Wikipedia, the scholarly literature (eg here), and Zvi.

1. What are prediction markets? 2. Why believe prediction markets are accurate? 3. Why believe prediction markets are canonical? 4. What are the most common objections to prediction markets? 5. What are some clever uses for prediction markets? 6. What’s the current status of prediction markets? 7. What can I do to help promote prediction markets?