The Theory Market

If you truly believe that something will happen, you should be willing to bet on it. In science, if you really trust a theory, you should be willing to bet that it will predict scientific results well.

What do you believe in?

We introduce you to The Theory Market – a quick and fun way to express your opinions about a scientific theory as well as to predict hypothesis results, simply through indicating your reservation prices in various markets.

Risk-free betting

You will bet on an asset depending on how much you believe in a hypothesis or a theory using Bayescoins. This is not a crypto-currency (yet), but a unit we invented to measure your expertise in the app.

The better you are at predicting which hypothesis will be supported in a study or which theory to trust, the more Bayescoins you will earn. Your score is your wealth in Bayescoins. At the end, when all markets are closed, you will be paid with the exchange rate 1,000 Bayescoins = 1 euro.

Beat the others!

Aside from your peers, you will also be competing with two special traders:

  • The monkey: very energetic but all over the place, randomly changing reservation prices everyday.
  • The sloth: has better things to do (like sleeping) and keeps all reservation prices to the default value of 50.

Are you performing better than the monkey and the sloth?