Choosing the pope

The betting markets have Dionigi Tettamanzi, the Italian candidate, as favourite to be the next Pope (this Slate article has a nice discussion of the various candidates).  I’m open to correction, but I suspect this will be the first test of the predictive power of betting markets in this particular context.

For those particularly interested in the voting process, a neat economics paper (PDF file) analyses the extent of sincere and strategic voting by cardinals in past papal conclaves.

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