Betting markets for drug approvals and clinical trials are here. But what exactly are these markets and how do they work? Why would we even want them? What can go wrong?
In my new commentary in JAMA Health Forum, I answer these questions and provide an explainer:
jamanetwork.com/journals/jam...
jamanetwork.com
Prediction Markets in Clinical Trials and Drug Approval
This Viewpoint discusses the emergence of prediction markets for clinical trials and drug approvals, identifies the risks of these markets, and proposes oversight methods to develop potential benefits...