Abstract and Keywords
The conventional wisdom is that political futures markets are a recent invention. However, such markets have a long history in many Western countries. This chapter traces the operation of political futures markets back to sixteenth-century Italy, eighteenth-century Britain and Ireland, nineteenth-century Canada, and twentieth-century Australia and Singapore. In the United States election betting was a common part of political campaigns in the pre-1860 period but over the post-1860 period became increasingly concentrated in the organized futures markets in New York City.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.