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Cass R. Sunstein, Deliberation and Prediction Markets, in Information Markets: A New Way of Making Decisions 67 (Robert Hahn & Paul Tetlock eds., 2006).

Abstract: This collection of essays provides a state-of-the-art analysis of the potential impact of information markets on public policy and private decision-making. The authors assess what we really know about information markets, examine the potential of information markets to improve policy, lay out a research agenda to help improve our understanding of information markets, and explain how we might systematically improve the design of such markets.