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Thats a bit odd. I am not sure how people can really bet on such a market.
Insiders can, like it’s being done in all those prediction markets.
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I suppose then the markets give a hint of what insiders know? Especially with something as a specific as clinical trials.
Probably, it also takes away the incentive for betting away. For rational people anyway.
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finally, all those poor statisticians doing the data analysis in the pharma companies will finally get rich like the senior execs ![]()
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