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Healthcare Reform Act Prediction Market

An anonymous reader writes "The Wisconsin School of Business is running a prediction market study on the U.S. Supreme Court's decision on the Healthcare Reform Act. By participating you will not only be helping university students, you will also get to express your opinion and compete with others to show that you have the most accurate prediction."

2 of 185 comments (clear)

  1. Re:Markets aren't any good at prediction by martin-boundary · · Score: 4, Informative

    The first known bubble occurred in 1637 over tulips, when the US federal government was still considered a very remote possibility.

  2. The French don't use Common Law. by rjh · · Score: 5, Informative

    Either go to a common law based system (the French have that...)

    The French do not use the Common Law system. They use the Civil Law system, which is derived from the Napoleonic Code, which is derived from the Code of Justinian, which actually dates from well before the fall of the Roman Empire.

    The United Kingdom uses the Common Law system.

    The United States uses both. The federal system uses Common Law, as do most of the states: but Louisiana in particular uses a Civil Law-based system, in keeping with its heavily French heritage.

    I don't see that either one is clearly superior. If you take a look at what comes out of Louisiana state courts, you'll see they're just as crazy as any other system. It's just crazy of a slightly different flavor. You might think that flavor tastes better, but I don't.