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market efficiency

Essays tagged “market efficiency”. Follow an idea across the archive.

Essays on market efficiency

2 essays

Nov 7, 2024ACX

Congrats To Polymarket, But I Still Think They Were Mispriced

Scott Alexander praises Polymarket's election success but argues their Trump odds were mispriced, explaining why Trump's win doesn't significantly validate their numbers over other forecasters.

20 min read 2,993 words

Jun 19, 2014SSC

Money On The Ground

Scott Alexander defends an economic principle often mocked in jokes, explaining its validity when applied to long-standing, seemingly obvious financial opportunities.

2 min read 220 words

economic theory economics humor