This market resolves to YES if Pope Leo XIV issues an official document (encyclical, apostolic exhortation, motu proprio, etc.) that specifically addresses the Catholic Church's teaching on artificial contraception on or before December 31, 2026.
The document must substantially address birth control teaching, not merely mention it in passing. It could reaffirm, clarify, develop, or modify the teaching found in Humanae Vitae.
Mere verbal statements do not count; the essence of this market is on a written document.
Resolution Criteria:
Resolves YES if Pope Leo XIV issues such a document before the close date
Resolves NO if no such document is issued by the close date
The document must be officially published by the Vatican and authored by Pope Leo XIV
Sources for resolution:
I am a practicing Catholic and personally interested in this topic. It is highly likely that I will hear of any such document, but please feel free to send me links to anything you think qualifies.
Disclaimer:
This is the first market I’ve ever created. While I will act in good faith, you should be aware that I am not an expert in market making. I will heavily value good faith input from experienced users.
@traders I've finished my review of DILEXI TE.
I see nothing in it that comes close to meeting the terms of this market.
There are subtle hints in the document that argue both ways. For one, it seems to clearly align with general historical church teaching and does not imply a radical change. A few ripples, no major waves.
On the other hand it is subtly progressive in some non obvious ways. The document goes out of its ways to talk about the historical importance of women in caring for the poor as well as name dropping female Saints.
Overall I’d now say my gut probability has fallen from 33-66% range to 20%-33% range.
Some of this is that it also took longer to write this document than my baseline expectation.
I believe there is a non-trivial but less than 50% chance of this happening. Popes are generally reluctant to address birth control in a formal way however updated guidance seems long overdue.
I’ve placed limit orders at 33% and 60% to establish what I think are the reasonable bounds to the true probability although I am happy to be proven wrong.
EDIT - the market has pushed those orders below 33%. My goal is not to establish a firm minimum bounds but rather set the initial price (which has been accomplished). I no longer have limit orders up.