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Questions tagged [economics]

Economics questions relating to Augur specifically or prediction markets in general

2
votes
0answers
23 views

Does any cryptocurrency have a system in place that helps supporters recover lost bitcoin from scams [closed]

I know that crypto is a decentralized form of investment or theory, however I believe due to real life scenario and from real world experience any honorable project would try and help a supporter ...
2
votes
1answer
147 views

Can you deal with current high gas price?

Are current gas prices having influence on future shape of the system? If the comment in this question is relevant, just the cost of making an offer (order) will cost several dollars. That is a ...
2
votes
1answer
136 views

Could Augur be used to create a Stablecoin-ish financial instrument?

For example, imagine if there were a market that predicted the price of ether. You could bet that the price of ether would go lower. Then, you could hold that bet in a smart contract along with some ...
0
votes
1answer
738 views

Augur token and forking

after reading the answer from Micah Zoltu a few questions popped up. Here is the original thread: What makes REP tokens a critical component of Augur? My questions are: How many times so far was ...
1
vote
1answer
69 views

Could Augur be a benefit for large banking firms and brokerages

Could large banks and brokerages such as Santander Fidelity and Chase use Augur to benefit their business or is Augur a threat/disruptor similar to Uber and Taxis? Thinking of derivative use for Augur....
3
votes
1answer
79 views

How will the use of a stable coin be integrated into Augur?

How will platform participants get the stable coin? Which stable coin will Augur use?
3
votes
1answer
210 views

Isn't there a reporting centralization risk because required work is not proportional to REP staked?

So if the amount of work a reporter has to do each reporting period is not proportional to the amount of REP staked but on a per account basis wouldn't that mean as the system grows and there's more ...
2
votes
1answer
75 views

How can I buy REP without KYC/AML?

I would like to buy REP without the need for KYC/AML (passport/ID card verification). How can I acquire REP without needing to go through all of this unnecessary identity verification? I'm ...
8
votes
1answer
706 views

Where does the 5x multiplier on open interest come from?

Augur's reporting fee system is designed to put upward price pressure on REP such that the REP market cap remains at least 5x larger than Augur outstanding interest. What is the reasoning between 5x ...
5
votes
1answer
42 views

Academic value of testnet Augur fork

After the real money launch of Augur, might a testnet (or playmoney) version of Augur be of interest to Academics such as economics professors that might use it in the classroom? Are the real money ...
4
votes
1answer
47 views

Augur and Machine learning improvements

Can Machine Learning utilize decentralized prediction markets to improve upon results generated from random decision forests? How can Augur market prices and other data be used to help prove this ...
3
votes
1answer
39 views

Predicting intersection in crowd vs expert prediction success

Assuming that a number of Augur markets over time can be compared with the predictions of a small group of ex small number of experts (10 in the example below). Over time the 10 experts are more ...
7
votes
2answers
1k views

What are average fees on Augur?

I'm writing a full analysis of Augur and REP tokens, and value comes down to two things-- market volume and market fees. Volume can be estimated in various ways, but I'm curious about calculating ...
5
votes
1answer
41 views

How are funds held during the 27+3 day reporting period?

What happens to funds while waiting for oracle to determine outcome? Is there a way to hasten the process for a fee? It seems like waiting 30 days to get the returns on a bet is a hefty gamble in ...
3
votes
1answer
37 views

Importance of economies of scale

What is the importance of economies of scale in the context of prediction markets? Specifically why does the amount of users, reporters, markets and liquidity matter to the functionality and ...
15
votes
1answer
262 views

Why did Augur decide to move away from an automated market maker?

Although an automated market maker scoring rule called LS-LMSR was originally part of Augur's design, more recent designs of Augur have moved away from using an automated market maker. What were the ...
4
votes
1answer
124 views

Difference between LMSR and Liquidity-Sensitive LMSR (LS-LMSR) and why has Augur decided to focus on the later?

What is the difference between LMSR and Liquidity-Sensitive LMSR (LS-LMSR) and what makes one Scoring Rule type more suitable for Augur than the other?