The IEM is a menu-driven, computerized futures market where contract payoffs are based on real-world events such as political outcomes, companies' earnings per share (EPS), and stock price returns. As of October 6, 1994, political contracts include: New Jersey Senate, New York Governor, Pennsylvania Senate, Texas Governor, US House of Representatives, US Senate, Utah 2nd Congressional District, and the Virginia Senate. Companies currently in the EPS market include IBM and KMart. All the software and hardwar

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California Institute of Technology Laboratory for Experimental Economics and Political Science Welcome to the home page for Caltech's Laboratory for Experimental Economics and Political Science (EEPS). The Laboratory is devoted to the development and applications of a laboratory experimental methodology for a broad range of disciplines. Laboratory experimental research began at Caltech in 1972 ...

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