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UI Election News
Clinton contract takes a beating on Iowa Electronic Markets
The contract for Democratic presidential candidate Hillary Clinton lost well more than half its value in trading on the University of Iowa's Iowa Electronic Markets following her defeat in the North Carolina primary Tuesday. (more)
Iowa researcher works to make voting easier, fairer, in wake of new law
Work by University of Iowa business professor Jeffrey Ohlmann can help municipal election boards distribute voting machines in ways that save money and could make elections easier and fairer. (more)
Professor: political punch lines problematic
John Edwards' $400 haircut, Hillary's near-tears or George W. Bush's latest slip of the tongue make fine fodder for wisecracks by Leno, Letterman or Conan. But late-night comedians' constant shots at politicians do more damage than you might think, University of Iowa professor Russell Peterson asserts in his new book, "Strange Bedfellows: How Late-Night Comedy Turns Democracy Into a Joke," published by Rutgers University Press. (more)
UI Hawkeye Poll
UI in the National News
Redlawsk: Pressure might be on Clinton to drop out (Bloomberg, May 6)
In the ongoing campaign for the Democratic presidential nomination, the economy, especially energy costs, has moved front and center as the two candidates focused their messages for today's primaries in Indiana and North Carolina. Both candidates need at least one victory. For Clinton "the pressure to drop out will be immense if she loses both of these states," DAVID REDLAWSK, a political science professor at the University of Iowa in Iowa City, said. Link to article
IEM one of two regulated prediction markets (Globeinvestor.com, May 2)
Only two U.S. prediction markets are officially regulated by the U.S. Commodities Futures Trading Commission (CFTC) -- the IOWA ELECTRONICS MARKET (IEM) at the UNIVERSITY OF IOWA, which specializes in politics, and HedgeStreet, a division of Britain's IG Group Holdings, which offers a wide assortment of contracts. However, dozens of other exchanges have popped up around the world to cash in on the hype. The Hollywood Stock Exchange uses play money and focuses on entertainment topics such as movie box office receipts. GLOBEINVESTOR.COM is the online presence of THE GLOBE AND MAIL, based in Toronto, Canada. Link to article
Berg: IEM used for research, teaching purposes (AOL Money, May 2)
The rising popularity of markets where guesses are wagered on the outcome of everything from presidential elections to celebrity marriages has led to a situation that, well, many had predicted. The Commodity Futures Trading Commission on Thursday said it is considering whether these markets should be regulated, and how. In the United States, the Iowa Electronic Markets, run by the University of Iowa business school, is one of the better-known markets in operation. It has about 1,000 traders at any given time who can invest up to $500 to trade on a variety of contracts, including the outcome of the presidential elections. In 1993, the commission granted an exemption to IEM, which is primarily used for research and teaching purposes, said the market's director, JOYCE BERG, who is also an accounting professor. This AP story appeared in seven other media outlets. Link to article
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