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Overcoming Bias Commenter's avatar

Bad analogy:

1) Information can be copied, food can't.

2) Without prediction markets, you can profit from sharing your theoretical knowledge, by writing books, giving lectures, writing academic papers, and so on. My concern is that prediction markets could incentivate keeping theoretical knowledge secret and only selling predictions which can't be easily used to reconstruct the underlaying theory.

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RobinHanson's avatar

Maybe if we didn't let farmers sell their food, they'd give some of it away.

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