Iowa Electronic Markets

The Iowa Electronic Markets (IEM) is a real-money prediction platform where participants buy and sell contracts based on the outcome of political events, such as elections. It functions like a mini stock market, using financial incentives to gauge public sentiment and forecast results more accurately than traditional polls. Operated by the University of Iowa, the IEM provides valuable insights into electoral trends by reflecting the collective expectations of informed investors, making it a useful tool for policymakers, analysts, and the public to understand likely outcomes based on market behavior.