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Friday, March 21, 2003
On Basketball and Politics
Posted by Lance
Some follow-up on earlier posts of this week.The University of Connecticut defeated BYU in men's basketball yesterday, keeping the integrity of the tree.
If you are a male American, you are likely participating in a pool predicting the outcomes of the games of the NCAA basketball tournament. How are you doing? Have you been eliminated yet? Not such an easy question to answer as it turns out. Six MIT grad students have recently shown it is NP-complete to decide if you can still win the pool.
Dave Pennock pointed out that there have been many articles in the popular press about information markets including a piece in the New Yorker.
Pennock also mentioned the Iowa Electronic Markets, which allows limited legal trading in certain political markets.
1:20 PM
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