online advertising

Friday, October 23, 2015

Bitcoin and Cryptocurrency Technologies - Quiz 9 Problem 5

In a prediction market where shares pay out if and only if a potential future event happens: (check all that apply)

The average price of all shares traded as a fraction of the payout is an estimate of the event's likelihoodWrong
A trader who is able to control or influence the outcome of the event will likely be able to make a profitCorrect
The current price of shares as a fraction of the payout is an estimate of the event's likelihoodCorrect

No comments:

Post a Comment