January 9, 2008

At the Intersection of Prediction Markets and Basketball Tournaments

Michael Giberson The NCAA basketball season is well underway, and soon enough March Madness will be here. Do you have your brackets worked out yet? Last year while working out a few thoughts on arbitrage opportunities in basketball tournament prediction markets at Inkling, it occurred to me that the Inkling pricing mechanism was just a …

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Arizona Utility Proposes to Ramp Up Peak Rates

Michael Giberson The Salt River Project, a central Arizona public power utility serving almost a million consumers, already charges it’s customers higher rates in the summer, but they are proposing to increase their summer rates even more. The Arizona Republic reports: Salt River Project wants to prompt more people to conserve during the hottest hours …

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