When will Kim Jong Un die?
Basic
3
Ṁ109
2100
52%
chance

Resolves PROB to the last two digits of the year when he dies.

Get
Ṁ1,000
and
S3.00
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Kim Jong Un is 40(?) years old*, and according to this actuarial life table, a 40yo man can typically expect to live around 37 more years, giving an estimated death date of 2023 + 37 = 2060.

*Apparently there is a lot of controversy about whether Kim Jong Un was born in 1982, 1983, or 1984; I'm using the middle value of 1983 to be safe.

EDIT: fixing calculations to be consistent with the middle value

predictedYES

@duck_master Otoh he’s morbidly obese (especially for a Korean) and everyone wants to poison him, so I’d go lower than the actuarial table

This should not be a binary market.

predictedYES

@jskf Compared to multiple voice

Cons: this just gives the expected value, not the whole shape of the distribution

Pros: much lower volatility for investors, no arbitrary category boundaries

I'm not confident the market (if efficient) would necessarily even give the expected value, but I haven't done the math. Either way I think "the implied probability actually means some other thing" is a confusing hack.

@JonathanRay Isn't there a market type for predicting numeric values? I find those confusing for other reasons, but they sound more appropriate.

predictedYES

@jskf Numeric type is not an option anymore

predictedYES

@jskf I’m confident that if this market is efficient AND there’s no chance of survival past 2100, then the % will be the expected year of death

If I offer to buy 200k YES at 50% is that like hiring a hitman?

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