V. 19:2 (66-77): Interview: Tom Rietz Of Iowa Electronic Markets by John Sweeney

V. 19:2 (66-77): Interview: Tom Rietz Of Iowa Electronic Markets by John Sweeney
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Trade The Future(s) Tom Rietz Of Iowa Electronic Markets

Iowa Electronic Markets (IEM) are real-money futures markets in which students and professionals trade contracts of everything from US politics to Federal Reserve monetary policy to computer returns. These markets are operated by faculty at the University of Iowa Tippie College of Business as part of its research and teaching mission. Thomas Rietz, Associate Professor of Finance at the University of Iowa, is an Iowa Electronic Markets manager. Rietz uses a combination of theoretical, empirical, and experimental work to research two primary areas: financial markets and decisions, and elections and voting decisions. He served three terms as the section head for finance on the executive committee of the Economic Science Association, the professional organization for experimental economists. Recently, Rietz was appointed to the interdisciplinary Preferences Network Risk Research Initiative of the MacArthur Foundation. STOCKS & COMMODITIES Interim Editor John Sweeney interviewed Rietz on November 8, 2000, to find out what Iowa Electronic Markets reveal about politics and trading.

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