Elections and Markets

Paul at Wizbang, Sean Hackbarth, and Kevin McGeehee ponder the presidential polls and whether the advent of election betting markets don’t provide a better predictive device.

It’s an interesting point, although this specific market mechanism doesn’t have enough of a track record to really evaluate at this point. Indeed, one would guess that polls and these markets are rather interrelated, as people betting large sums of money on an election outcome likely follow the polls rather closely.

FILED UNDER: 2004 Election, ,
James Joyner
About James Joyner
James Joyner is Professor and Department Head of Security Studies at Marine Corps University's Command and Staff College. He's a former Army officer and Desert Storm veteran. Views expressed here are his own. Follow James on Twitter @DrJJoyner.