Special interests are moving into prediction markets, and it's a problem
Institutional hedges move prices. Campaigns read those prices as momentum. Journalists cite them as forecasts. Donors discover that moving a market is cheaper than running ads — and pays dividends if they’re right.
Institutional hedges move prices. Campaigns read those prices as momentum. Journalists cite them as forecasts. Donors discover that moving a market is cheaper than running ads — and pays dividends if they’re right.
This article was originally published at: https://thehill.com/opinion/campaign/5859843-prediction-m...