Flintlocker
08-19-2012, 16:13
http://tippie.uiowa.edu/iem/media/story.cfm?ID=2912
Ryan Nod Leads to Obama Gains on Iowa Electronic Markets
August 14, 2012 | By UI News Services
The price of a contract representing Mitt Romney’s winning the popular vote in November has fallen more than 5 percent on the IEM’s Winner Take All market (http://tippie.uiowa.edu/iem/markets/pres12.html) since he named Ryan as his vice presidential candidate Saturday morning. His contract had been trading for 41.3 cents before the nomination was announced, but more than 2 cents to 38.9 cents Tuesday morning.
The Tuesday price means the market believes Romney has a 38.9 percent chance of winning the popular vote in November.
Meanwhile, the price of a contract for Obama winning the popular vote has gone up 1.5 cents in the three days since Ryan’s appointment, from 59 cents to 60.5 cents Tuesday morning.
Ryan Nod Leads to Obama Gains on Iowa Electronic Markets
August 14, 2012 | By UI News Services
The price of a contract representing Mitt Romney’s winning the popular vote in November has fallen more than 5 percent on the IEM’s Winner Take All market (http://tippie.uiowa.edu/iem/markets/pres12.html) since he named Ryan as his vice presidential candidate Saturday morning. His contract had been trading for 41.3 cents before the nomination was announced, but more than 2 cents to 38.9 cents Tuesday morning.
The Tuesday price means the market believes Romney has a 38.9 percent chance of winning the popular vote in November.
Meanwhile, the price of a contract for Obama winning the popular vote has gone up 1.5 cents in the three days since Ryan’s appointment, from 59 cents to 60.5 cents Tuesday morning.