Finance Professor & Market Pioneer

Robert Forsythe

Professor of Finance at Wayne State University and co-founder of the Iowa Electronic Markets (1988). A founder of one of the first modern political prediction markets.

Known For

Iowa Electronic MarketsPolitical prediction marketsMarket design

Canon

Prediction Markets Aggregate Information More Efficiently Than Traditional Forecasting

Canon

Episodes

#Prediction markets are making a 150-year comebackMay 21, 2026