Will Manifold significantly improve the reliability of extreme market probabilities before the end of 2024?
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1kṀ2293resolved Jan 2
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The reliability of probabilities on Manifold decreases as it moves further from 50%. A market being at 1% rather than 0.1% indicates pretty much nothing about the actual probability of the event; it's just not worth tying up mana for such a tiny return on investment.
This is a huge problem for markets on unlikely but high impact events such as nuclear war; their probabilities are often meaningless.
Feel free to suggest solutions in the comments.
This question is managed and resolved by Manifold.
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