The Policy Analysis Market: An Electronic Commerce Application of a Combinatorial Information Market

Topics:
Investment and Capital Markets
Tags:
Analysis,
Electronic Commerce,
Financial Services,
George Mason University,
Policy Analysis Market
Source:
George Mason University

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Overview: This report focuses on Policy Analysis Market (PAM). PAM is a combinatorial information market: a market in futures, options, and derivatives that are based on eventualities rather than specific commerce. PAM trades contracts of one year maturity, issued quarterly, that span economic, civil, and military conditions in the countries of the Middle East. A trader is able to trade the pure contracts and to construct and trade composites of pure contracts that reflect his or her insights.

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Format: PDF | Size: 20KB | Date: Sep 2003 | Pages: 2


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