Pair of red dice with white dots. Photo by on .
The growth of prediction markets begs the question, is it wrong to benefit from someone else’s misfortune? Ethics Center staff and faculty interrogate the moral and ethical issues associated with prediction markets.
Perspectives
Prediction Markets Mirror the Effects of Transactional Leadership by Ann Skeet, senior director of leadership ethics at the Markkula Center for Applied Ethics, Santa Clara University
Despite the ethical concerns associated with prediction markets, they’re growing rapidly and that may be, in part, based on the transactional behaviors of our leaders.
Prediction Markets and the Common Good by Don Heider, executive director of the Markkula Center for Applied Ethics.
Until questions about prediction markets get serious answers, they will keep doing what they do now: dressing up a private benefit in the language of the public good.
Are We Gambling Away Our Souls? by Deirdre M. Frontczak, Ph.D., faculty scholar with the Markkula Center for Applied Ethics and a lecturer in management and entrepreneurship at Santa Clara University’s Leavy School of Business.
Before we embrace prediction markets as harmless fun or even a socially beneficial trend, we might pause to raise a deeper question: What habits are we learning, and fostering, in betting on our collective future? And what kind of people do these markets train us to become?
When the Future Becomes a Trade by Tracy Barba, director of venture and equity ethics at the Markkula Center for Applied Ethics.
Prediction markets can sharpen our view of the future. Whether they improve it is a different question entirely.
The Media Needs to Dig Deeper into the Value Claims of Prediction Markets by Subramaniam Vincent, director of journalism and media ethics at the Markkula Center for Applied Ethics.
The media’s use of data from prediction markets requires a second look.
Related Resources:
Prediction Markets, News Reporting and Ethical Stakes by Subramaniam Vincent, director of journalism and media ethics at the Markkula Center for Applied Ethics.
Guidance for the news media on what to do about Prediction Markets, how to take the next steps.
Media Highlights:
Soldier in Maduro Polymarket Case out on Bail; Was Blocked by Kalshi - Ann Skeet quoted by Newsweek.
Are Polymarket and Kalshi Media’s New Ethical Dilemma? - Subramaniam Vincent, director of journalism and media ethics, quoted by The Dispatch.
Leading Prediction Firms Share a Commonality: Donald Trump Jr. - Ann Skeet, senior director, leadership ethics, quoted by The New York Times.
Understanding Kalshi, Polymarket and Prediction Markets for Politics Betting - Ann Skeet, senior director, leadership ethics, quoted by NJ.com. News Reporting and Ethical Stakes