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November 01, 2003
Eudoxa Policy Study #2: On Idea Futures - Making Politicians Put Their Money Where Their Mouth Is
The study explores the ideas behind DARPA's controversial Policy Analysis Market research project by comparing it to more traditional futures markets. An idea futures market is supposed to provide policy makers with more robust and complex information based on individual knowledge, represented by the individual investments. But PAM fell prey to the problem it was thought to cure; misinformed politicians chose to shut down a project that was portrayed as "gambling on terrorism".
Table of Contents
- About Eudoxa
- Executive Summary
- On Idea Futures
- Conclusion
Posted by Anders at November 1, 2003 08:38 AM