I say it’ll snow. Now give me a dollar.

October 5, 2007

By hammersmith

Business Week has the scoop on Tony Kwasnica‘s (’90) current research into futures markets. Tony, an associate professor of economics at Penn State, has demonstrated that futures markets can be used to accurately predict the weather.

Elsewhere in his professional life, Tony is studying auction design, and publishing papers with titles like (take a deep breath and read quickly), “Better, Faster, Cheaper: An experimental analysis of a multi-attribute reverse auction mechanism with restricted information feedback.” Wow.