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Academics to unveil avian flu 'futures market'

By Doug Cameron in Chicago

Financial Times, Mar 01, 2007

Researchers at the University of Iowa will today unveil a futures-style market in avian flu, and plan to recruit a global network of health professionals to help determine where and when a pandemic could strike.

The university has already developed trading systems that use the information from collective human predictions to forecast the outcome of political elections and used the model in 2004 to test a market identifying the likelihood of influenza outbreaks in Iowa.

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