________ 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 unique kind of market that allows participants to place bets on the outcomes of current events, business or social trends. Prediction markets are essentially peer-to-peer markets where participants buy and sell shares in the outcome of an event. The prices of these shares are determined by supply and demand, just like in a regular market. Prediction markets are believed to be highly accurate, as they aggregate the knowledge and predictions of a large group of people.

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