These are fairly general, and pretty easy to agree with, ignoring any conflicts of intention (a participant might WANT to leak information or make money, even if there’s an embargo).
Note that #2 and #3 are contradictory. One cannot simultaneously abstain from a question AND participate randomly. More important, in a well-functioning market, making incorrect bets actually costs you—this is an expense to maintain secrecy, and a pretty big and painful one, especially for participants who otherwise love that information markets … provide information.
These are fairly general, and pretty easy to agree with, ignoring any conflicts of intention (a participant might WANT to leak information or make money, even if there’s an embargo).
Note that #2 and #3 are contradictory. One cannot simultaneously abstain from a question AND participate randomly. More important, in a well-functioning market, making incorrect bets actually costs you—this is an expense to maintain secrecy, and a pretty big and painful one, especially for participants who otherwise love that information markets … provide information.