________ is a peer-to-peer market in which participants bet on the outcomes of current events,business,or social trends.

Question

Quizplus · Accepted Answer

A prediction market is a type of peer-to-peer market in which individuals can bet on the outcomes of events. It is sometimes called a "betting market" or "information market". The idea behind prediction markets is that the collective wisdom of a large group of people can be harnessed to provide an accurate prediction of future events, such as election outcomes, stock prices, or even the weather. The participants in the market buy and sell "shares" in various outcomes, and the prices of these shares are used to determine the probability of each outcome.

________ Is a Peer-To-Peer Market in Which Participants Bet on the Outcomes