On Thursday morning somebody bought 500 Athey contracts at 15 and 500 Pakes contracts at 69, two minutes apart. By midnight Pakes had traded down to 18 and Athey up to 60, both on a handful of contracts. The book underneath barely moved.
Two and a half weeks out, a model built from past winners forecasts information economics or game theory and puts Sanford Grossman first, at 4.4 percent. The IO case for Berry, Hausman and Pakes keeps getting made. Everything else is either last year's coverage or a list that includes past winners.
Kalshi's 2026 Economics Nobel market lists nine names. Ariel Pakes leads at 22 cents, Susan Athey jumped to 19 the morning Clarivate named her, and the whole book is thin.
Before this year's list drops, here is everyone Clarivate has named since 2002 who is still waiting. 68 economists. Most laureates were on this bench first.