The Volokh Conspiracy - Political Futures Markets in the New Hampshire Primary:

Daniel Gross has a short item on this topic at Slate. He concludes that "the price movement tends to respond to conventional wisdom and polling data; it doesn't lead them." Thanks to Matt Bodie for the link.

	[Orin Kerr, January 9, 2008 at 12:48am] Trackbacks Political Futures Markets in the New Hampshire Primary: Daniel Gross has a short item on this topic at Slate. He concludes that "the price movement tends to respond to conventional wisdom and polling data; it doesn't lead them." Thanks to Matt Bodie for the link.