Ill make a $500 donation to the first think thank that makes an interesting, non-bogus use of real-money prediction markets before the end of 2007. Ill be the judge of bogosity and interestingness, but I can say that a paper about prediction markets counts as uninteresting.

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Mike,

My Good Lord,

Mike Linksvayer

Would prediction market journalism (that is, showing to the normal people on the street that prediction markets can help understand better baseball games, or whatever else, on top of being fun and pure) fit your criteria of non-bogosity and interestingness?