Learning from Terrorism Markets
Abstract
On July 28, 2003, Senators Ron Wyden (D-Ore.) and Byron L. Dorgan (D-N.D.) held a press conference to call attention to a DARPA (Defense Advanced Research Projects Agency) project that would allow investors to bet on future political events in the Middle East—including terrorist attacks—through a commodity-market style trading system. On July 29, newspapers responded by denouncing this “unbelievably stupid” and “grotesque” market. Later that...
Paper Details
Title
Learning from Terrorism Markets
Published Date
Jun 1, 2004
Journal
Volume
2
Issue
02
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Notes
History