Iowa electronic markets

Paul Gomme ()

Economic Commentary, 2003, issue Apr 15

Abstract: In 1998, University of Iowa faculty members created their own futures markets. These experimental markets, designed to provide insights into the behavior of traders and naturally occurring markets, are still going strong. Their clever design gives them another practical use: They can be used to predict future events such as election outcomes and Federal Open Market Committee voting.

Keywords: Futures; Electronic commerce; Monetary policy (search for similar items in EconPapers)
Date: 2003 Written

Downloads: (external link)
http://www.clevelandfed.org/Research/commentary/2003/0415.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:fip:fedcec:y:2003:i:apr15

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Economic Commentary from Federal Reserve Bank of Cleveland
Contact information at EDIRC.
Series data maintained by Diane Rosenberger ().