Intrade was efficient at predicting major events and elections because people are motivated to make accurate predictions based on personal opinions.

Name: Intrade was efficient at predicting major events and elections because people are motivated to make accurate predictions based on personal opinions.
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Intrade was efficient because it aggregated diverse information from many participants, not just personal opinions, and participants had financial incentives to make accurate predictions.

Intrade Was Efficient at Predicting Major Events and Elections Because