> Who could have foreseen
Economists. They even have a term for this, dating back to the late 1800s: "moral hazard".
Polymarket creates moral hazard when participants can profit from outcomes they can influence.
> Who could have foreseen
Economists. They even have a term for this, dating back to the late 1800s: "moral hazard".
Polymarket creates moral hazard when participants can profit from outcomes they can influence.