Abstract
They don’t enjoy the full legitimacy of stock markets, but they tend to be less silly and address more serious matters than your standard prop bet. Prediction markets start by posing a yes/no question about a future event with a verifiable answer. Users can then bet on the possibility of the event by buying or selling shares in the market.
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© 2018 Kedar Iyer and Chris Dannen
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Iyer, K., Dannen, C. (2018). Prediction Markets. In: Building Games with Ethereum Smart Contracts. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-3492-1_10
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DOI: https://doi.org/10.1007/978-1-4842-3492-1_10
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Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-3491-4
Online ISBN: 978-1-4842-3492-1
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