The Volokh Conspiracy

[Todd Zywicki, July 7, 2005 at 12:54pm] Trackbacks

Shirley Abrahamson on Tradesports:

Shirley Abrahamson is a new addition to Tradesports Supreme Court Nominee market (at least I assume that is the correct Shirley Abrahamson).

It isn't clear why she was added to the market though, as no one has actually made a trade on her.

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w. lyle stamps, esq. (mail) (www):

Must be a joke. Far too olde.

7.7.2005 1:59pm

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Apu (mail):

And, while Judge Abrahamson is to my mind both a great judge and far from a liberal, the prospect of her being nominated by President Bush is absurd.

7.7.2005 2:17pm

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Sigivald (mail):

I imagine the idea is that someone might be crazy enough to want to trade on her.

I mean, they can't do it if she's not on the list, I imagine; so everyone on the list at some point was added but not-yet traded, right?

7.7.2005 2:56pm

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Sigivald (mail):

(Further: Given the marginal cost of listing someone on an electronic exchange is close enough to zero, it makes sense, I think, to add lots of people that someone might want to throw money away on.

At some point there might be some sort of increased transaction cost due to a gigantic or confusing list, but I don't know where that point would be. Doubtless Tradesports thinks they're not there yet.)

7.7.2005 2:59pm

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anonymous coward:

Presumably someone just asked to have her listed. Tradesports describes the contract thus: "Next Nominee to Supreme Court(Rule 1.8 Applies). More on Request"

7.7.2005 3:02pm

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Zywicki (mail):

What is curious is that the day before Tradesports added Miguel Estrada as a "new" listing--but, from what I can tell, at the same time listed that a market trade had also been made on him. So that's why I added the observation that no one had made a trade on her.

7.7.2005 3:42pm

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Christine Hurt (mail) (www):

Abrahamson is a great person. I can't imagine a president nominating someone who is a member of a different political party, though.

7.7.2005 4:16pm

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Wisconsin Observer:

Did somebody not hear that Bush won the election last year? Shirely has the intellect to be on the Court, but it would take a D, not an R, to get her there.

7.8.2005 12:41am