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by andai 108 days ago
It's also low-ranking members of the armed forces that have a lot more information than you'd expect. If you just banned the high ranking members from prediction markets, I actually don't think very much would change. (There would just be slightly more delay.)
2 comments

Very few armed forces members have enough information to make actual meaningful trades. The low ranking ones do not have enough money to make meaningful trades even if they did.
> if you just banned the high ranking members from prediction markets, I actually don't think very much would change

Good behavior starts at the top. It becomes a lot easier to crack down on low-level corruption if the guys at the top aren't doing it.