Bifurcating Settlements
In: Bifurcating Settlements, 86 Geo. Wash. L. Rev. 376 (2018) (with Sarah Abramowicz).
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In: Bifurcating Settlements, 86 Geo. Wash. L. Rev. 376 (2018) (with Sarah Abramowicz).
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Predicting the future is serious business for virtually all public and private institutions, for they must often make important decisions based on such predictions. This visionary book explores how institutions from legislatures to corporations might improve their predictions and arrive at better decisions by means of prediction markets, a promising new tool with virtually unlimited potential applications. Michael Abramowicz explains how prediction markets work; why they accurately forecast elections, sports contests, and other events; and how they may even advance the ideals of our system of republican government. He also explores the ways in which prediction markets address common problems related to institutional decision making. Throughout the book the author extends current thinking about prediction markets and offers imaginative proposals for their use in an array of settings and situations.
In: Collection Politique
In: Collection EVO histoire
Blog: Reason.com
This is my third and final installment summarizing the arguments in my draft article The Cost of Justice at the Dawn of AI. In the first, I reviewed Baumol's cost disease's implications for the legal sector. Baumol recognized that if the productivity of any sector improved less than the productivity of the economy as a…
Blog: Reason.com
My last post provided an overview of my draft article The Cost of Justice at the Dawn of AI and explained the basic logic of Baumol's cost disease for the practice of law. Just as in any other market, if the productivity of lawyers increases at a slower rate than the rest of the economy,…
Blog: Reason.com
It has been a while since my last post on the Volokh Conspiracy. In 2021, I became associate dean at George Washington and did not have time to write. Last year, I switched associate dean roles and my portfolio became smaller, so I was fortunate to have some time to return to scholarship and to…
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In: GWU Legal Studies Research Paper No. 2024-37
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In: Idées ećonomiques et sociales
ISSN: 2116-5289
In: Idées ećonomiques et sociales
ISSN: 2116-5289
In: 2021 University of Chicago Legal Forum 17
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