Why Are People Betting On War?
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Why Are People Betting On War?
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About this listen
Why Are People Betting On War?
- Prediction markets were initially built to forecast elections and economic moves but they’re now being used to bet on war, political upheaval and global instability. As money flows into these high-stakes wagers, the line between informed forecasting and profiting off real-world consequences has merged into one and is now under investigation.
Guests:
- Ben Schiffrin, director of securities policy, Better Markets
- Kevin Williams, assistant professor, economics, Occidental College
Host: Gary Price
Producer: Grace Galante
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