I'll consider a market to be "predicting a pandemic" when:
The market is publicly tradable on Manifold
The market is directly about a specific pandemic being declared by the WHO (such as this one or this one)
The market trades consistently over 50% for at least 48 hours
A market that asks about pandemics more broadly (such as this one) will not count. The market may dip below 50% briefly, for no more than five minutes at a time.
Resolves yes when:
There is a market meeting the "predicting a pandemic" criteria above, AND
That pandemic is declared by the WHO at least 14 days after the market began trading consistently above 50%
Resolves no when:
There is a market meeting the "predicting a pandemic" criteria above BUT no pandemic declared within 1 year, OR
There is a pandemic declared by the WHO without a market meeting the criteria above
This market will stay open until either the yes or no conditions are met, extending the close date if necessary.
I'll use the definition of pandemic from Polymarket:
An explicit characterization includes official WHO statements, reports, press briefings, or publications that clearly describe the outbreak as a "pandemic." A Public Health Emergency of International Concern (PHEIC) alone will not qualify unless it is also described as a pandemic.
I'll also be stealing Conflux's standard disclaimer:
In the rare event of a conflict between my resolution criteria and the agreed-upon common-sense spirit of the market, I may resolve it according to the market's spirit or N/A, probably after discussion.
Doesn't this lead to a no resolution?
- Anyone creates a small value market predicting some virus to cause a pandemic with a low liquidity
- No one votes in this market for at least 48 hours
Maybe put in a minimum liquidity and/or number of people?
@BodeyBaker Hm, good point. I agree that sort of market probably shouldn't count. I think number of traders is a decent metric to address this. Let me consider, but I'll plan on adding a minimum threshold unless anyone has serious complaints otherwise.
My main issue was market manipulation. With current rules you can have lots of money in this market then make a market that is small enough people don't notice and use this "fake" market to manipulatively trigger a no.
I think a number of traders colluding can have the same effect if the liquidity of the "fake" market is small. I could be wrong though. Any market above 1k mana seems to get eyes on it and probably reduces the effect. I personally don't have much of an intuition for the thresholds for number of traders but agree a high enough number should work