From: gts (gts_2000@yahoo.com)
Date: Fri Jun 06 2003 - 04:58:38 MDT
Robin Hanson wrote:
> Idea Futures "Markets in the Future of the MidEast" will be open to
> the public for real money trading October 1, 2003:
> www.PolicyAnalysisMarket.org I've been working for several years to
> make this possible..
Interesting concept. How are these futures to be evaluated fundamentally?
I was looking at the graphic on the website and saw what appears to be the
hypothetical price for a hypothetical security of a type called "Special
Event Securities." The security that caught my attention was called "Arafat
Assassinated 1st 04."
Are you proposing that people can and will trade futures contracts on the
prospects of an assassination in the Middle East? Am I reading that right??
-gts
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