Thanks, I have never seen this website before.

Yes, you're right! That phenomenon is now know as Prediction Market.

Here's the market link: https://beta.predyx.com/market/is-the-current-bird-flu-strain-man-made

mega_dreamer

I know this phenomenon, it is a basic of freemarket economics. I think the first case was back in the 1907 of a crowd, in aggregate, guessing the weight of an oxen accurately when they were putting up their own money for an individual guess. It might have been Francis Galton who ran the experiment.

Where are you making the market for guesses?

conspiracy

The Source of Current Bird Flu Virus

Rothbardian_fanatic

I know this phenomenon, it is a basic of freemarket economics. I think the first case was back in the 1907 of a crowd, in aggregate, guessing the weight of an oxen accurately when they were putting up their own money for an individual guess. It might have been Francis Galton who ran the experiment.

Where are you making the market for guesses? 