GW Lawprof Michael Abramowicz is guest blogging over at the Volokh Conspiracy on the virtues of prediction markets and his new book: Predictocracy.
Abramowicz on Prediction Markets at the VC
Joshua D. Wright, Abramowicz on Prediction Markets at the VC, Truth on the Market (January 29, 2008), https://truthonthemarket.com/2008/01/29/abramowicz-on-prediction-markets-at-the-vc/