{"id":214199,"date":"2025-06-25T21:48:14","date_gmt":"2025-06-25T21:48:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/214199\/"},"modified":"2025-06-25T21:48:14","modified_gmt":"2025-06-25T21:48:14","slug":"how-to-make-prediction-markets-more-useful","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/214199\/","title":{"rendered":"How to make prediction markets more useful"},"content":{"rendered":"<p data-component=\"paragraph\" class=\"css-1l5amll e1y9q0ei0\">If you could invent something to fulfill an economist\u2019s dream, it would look an awful lot like a prediction market. A world where every uncertain future can be priced, hedged and insured against? Kenneth Arrow and G\u00e9rard Debreu would approve. A market mechanism to co-ordinate the decentralised wisdom of crowds, ensuring the accuracy of such prices? Adam Smith and Friedrich Hayek sought just that.<\/p>\n","protected":false},"excerpt":{"rendered":"If you could invent something to fulfill an economist\u2019s dream, it would look an awful lot like a&hellip;\n","protected":false},"author":2,"featured_media":214200,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,85198,4829,1366,2441,391,7063,16,15],"class_list":{"0":"post-214199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-buttonwood","10":"tag-columns","11":"tag-finance-economics","12":"tag-markets","13":"tag-opinion","14":"tag-stocks","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114746209835704512","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/214199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=214199"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/214199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/214200"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=214199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=214199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=214199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}