I like this idea as well and not only for things like the weather, but any type of useful information about the future. I reremember back in 2003, the US government was considering the possibility of setting up some sort of future political stability and future terrorist attack market. Thus, if you are an expert or have some sort of insider information about say the political situation in Saudia Arabia, you have a financial incentive to give out that information.
Unfortunately, the US government backed out. It was too controversial, although I don't really know why.
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krja
Re: Weather Markets
Date: 2005-11-28 12:04 pm (UTC)Unfortunately, the US government backed out. It was too controversial, although I don't really know why.