In an interview, Philip Trammell presented a model of the economy where growth is dominated by “mid-life” technologies, which are mature enough to have a meaningful share of GDP, but are still growing rapidly: > you get this hump: new goods - small share; goods that have been around for...
All prediction market platforms trade continuously, which is the same mechanism the stock market uses. Buy and sell limit orders can be posted at any time, and as soon as they match against each other a trade will be executed. This is called a Central limit order book (CLOB). Example...
About a year ago I decided to try using one of those apps where you tie your goals to some kind of financial penalty. The specific one I tried is Forfeit, which I liked the look of because it’s relatively simple, you set single tasks which you have to verify...