Imagine the existence of prediction markets for political claims about the future. How might politics change?
A) Politicians would have more difficulty scaring citizens about fake threats.
B) It would be harder to make good policy.
C) Not much would change because speculators make prediction markets unreliable.
D) Politicians would be able to cite the prediction markets for support when deliberately making false claims.

Question

Quizplus · Accepted Answer

If politicians knew that their claims about future events would be subject to prediction markets, they may be less likely to use exaggerated threats and fear-mongering tactics to gain support from voters.

Answer: B 
 Prediction markets could make it difficult for politicians to develop and implement long-term policies if the markets lack confidence in certain outcomes. This could result in a more short-term focus and reluctance to take risks in policy-making.

Answer: C 
 While prediction markets offer a way to gather information and opinions about future events, they are not fool-proof and can be influenced by speculators. This could lead to unreliable predictions and little impact on politics.

Answer: D 
 While politicians could potentially cite prediction markets for support, intentionally making false claims would be unethical and subject to backlash from the public and media.

Imagine the Existence of Prediction Markets for Political Claims About