According to James Surowiecki in THE WISDOM OF CROWDS, the market-generated predictions have been shown to be more reliable than the output of any think tank.

Chris F. Masse May 11th, 2007

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Let’s create a think tank whose output is generated, not by scholars (like Bob), but by sets of prediction markets, then. :)

Previous: The Economist should set up The Open Institute of Prediction Markets. + WHY THE ECONOMIST SHOULD ADD MARKET-GENERATED PROBABILITIES NEXT TO ITS CONTENT.

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