Professor Mark J. Perry's Blog for Economics and Finance
In a little more than two weeks, the Intrade odds for the contract "A federal government run health insurance plan to be approved before Dec 31, 2009" have fallen to 15%, down from 30% odds only about a week ago, and down from 45% a little more than two weeks ago (see chart above).
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
2 Comments:
I was not aware of these odd makers but I like their recent reading on the health care bill.
A more interesting contract would be on the passage of universal coverage. And a related contract on a Constitutional challenge should one be passed.
For the contract they do have, a Co-op or a trigger do not count. It has to be an alternative to private insurance.
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