How will shareholders in this market vote for it to resolve?
27
76
แน€550
resolved Jan 31
Resolved
YES

At market close, everyone who holds at least one share (in either direction) gets to vote for YES or NO. This market resolves based on the outcome of that vote. (One vote per person.)

If the vote is tied or close to tied, I'll wait a while to see if anyone wants to change their vote. (If necessary instituting a time limit before the vote becomes final.) If it ends up being exactly even and no one wants to change their vote, I'll resolve to 50%.

Get แน€1,000 play money

๐Ÿ… Top traders

#NameTotal profit
1แน€169
2แน€70
3แน€62
4แน€46
5แน€29
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predicted NO

Here's a twist:

predicted NO

Alright, looks like YES holders are acting against their own best manatary interests, so YES is solidly winning. I'll resolve this market to YES soon unless something changes.

predicted YES

@IsaacKing haha manatary. I like this term

predicted NO

There are 25 people who may cast a vote, so the winning team needs at least 13 in order to guarantee victory. (Though less may be sufficient if some people abstain from voting, which seems likely to occur.)

If the votes ends up NO, I will distribute M$300 among everyone who holds >0 but <30 YES shares and placed a vote on NO. (This means that if you have less than 30 YES shares, it's more profitable for you to vote NO than YES.)

predicted YES
predicted NO

@Jotto999 You really should know me by now.

predicted YES

@IsaacKing Oh I figured you would attempt something, since that you hadn't sold your NO shares.

predicted YES

@IsaacKing What is the method of distribution? Equal division?

predicted NO
predicted YES

Rougee will make 169 in profit if resolves to YES. We could offer 25-30 to 5-7.

predicted NO

@AllanLacy @jonsimon @muffins @firstuserhere why are you all voting for YES? You make more by voting on NO, guaranteed.

predicted YES

@IsaacKing total 10 people hold <30 YES shares. If all of us voted NO, to distribute the 300 mana, then the market resolves no, we all lose equivalent Mana but gain 30Mana each. So it's (30-costbasis) mana gained per person.

predicted NO

@firstuserhere Right, so it's more profitable for you to bet on NO.

predicted YES

@IsaacKing if I'm voting in isolation, then sure. But the reverse proposition might still happen.

If @RogerYang announces to distribute their profits to all the >0,<30 NO holders, then the NO share holders will earn more as well.

Now all that's left to see is if any >30 YES holders will attempt to keep <30 YES holders on their side by offering some reward.

predicted YES

So for now, it's better to sit and wait and hold the YES vote, as a leverage, until i receive offers from both >30 YES and NO holders

predicted NO

@firstuserhere Huh? One of us is confused about something. There's literally no benefit to voting YES for you right now, no matter what other participants do.

predicted YES

@IsaacKing if the top YES holder earns 100 Mana if market resolves YES, and I earn 1 Mana if it resolves YES and 29 if it resolves No.

Since I'm flaky now and likely to switch, and the top YES holder offers to split their profits with me, it's better for me to stay and earn 50Mana than the 30 by switching

predicted NO

@firstuserhere That doesn't make sense. Nobody has offered you any mana to vote YES. If they do you can switch your vote at that point.

predicted YES

@IsaacKing Ah i see we're both making the same point. But i should be signalling my vote's flaky position by holding a NO.

predicted YES
predicted NO

Apologies for the delay. This is the official voting thread. Vote by liking one of my two comments in reply to this message. Any votes by people who don't hold shares will be ignored.

predicted NO

Resolve to YES

predicted NO

Resolve to NO

predicted NO

Oh, and as usual, I get a vote too, even though I can't like my own comments.

predicted YES

@IsaacKing Which obviously is YES?

predicted NO

@XComhghall Currently my vote is for NO, but it may change in the future.

predicted YES

@IsaacKing when does voting finish?

predicted NO

@RogerYang Once it seems no one else wants to vote or change their existing vote.

predicted YES

@IsaacKing since the "bribe" is just 5M, I'll stick to my original bet. Here for the fun, not the fake money :D

predicted YES

@AllanLacy Seems like you underestimated people's commitment to their "team". This could be a good setup for social scientists to emulate for quantifying strength of tribal affiliations.

predicted NO

Hmm, 9 to 5 currently. We may need a little more. @A, you want to join in on the bribe, to avoid your losses?

predicted NO

@IsaacKing Sure I'll throw in an extra M$100 to your existing M$300 pot (conditional on NO winning). To simplify things, if NO wins I'll just send the M$100 to you @IsaacKing and let you distribute it with what you're sending out already.