Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
Collective intelligence is intelligence that emerges from the collaboration and competition of many individuals.
Anybody has a better defintion?
I need one for the mission statement of the Open Institute I am writing up right now.
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Paul Hewitt on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
Chris F. Masse on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”Paul Hewitt on “In 1965, Congress said Medicare would cost $9 billion by 1990. In reality, it cost $67 billion –seven times more than the prediction.”
Max Keiser on Nate Silver: InTrade probability on ObamaCare is quite right.
Jason Ruspini on Does InTrade participate on its own prediction markets?Max Keiser on Does InTrade participate on its own prediction markets?Max Keiser on Nate Silver: InTrade probability on ObamaCare is quite right.Max Keiser on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.Jason Ruspini on OBAMACARE PREDICTION MARKET WAS BRIEFLY MANIPULATED YESTERDAY EVENING SO IT WOULD ARTIFICIALLY CLOSE AT $35. – [CHART]Paul Hewitt on When the ObamaCare event derivative reaches 80%, I will officially declare America as a socialist country —just like France and Sweden.