The issue is that there's little research being conducted on the topic. There's just multiple factors that make research extremely difficult, making progress in understanding the issues harder, thus undermining any policymaking.
>>ranyum+(OP)
That's a good point; it's not a very scientific field. The baserate for "trying something no one has tried before," is definitionally zero.
Any thoughts on the use of prediction markets, especially ones where predictor performance is tracked, in order to make better predictions on the results of legislative action?
>>kelsey+8b
I find it an interesting idea. In my humble opinion I'd just add a consideration: the returns/results of legislative action might not be objective, even for well-defined issues. It might not be as objective as money because the results (data) have to be interpreted by participants.