Prediction Markets + Market Predictions = Collective Forecasting That Pays Off
LAT: Sonia Sotomayor is Obama’s Supreme Court nominee.
Via our good friend Daniel Horowitz
Previously: Prediction markets failed miserably at forecasting accurately the American Idol winner.
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Eistein was right…
“I never think of the future. It comes soon enough.” http://rescomp.stanford.edu/~cheshire/EinsteinQuotes.html
“Two things are infinite: the universe and human stupidity; and I’m not sure about the the universe.”
I thought that we have iterated many many times that prediction markets that do not fail are not accurate…
Why reporting on *one* expired prediction market is no fun… when using the scientific approach http://www.midasoracle.org/2009/05/28/reporting-scientifically-on-the-expired-prediction-markets-is-no-fun/
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Eistein was right…
“I never think of the future. It comes soon enough.”
http://rescomp.stanford.edu/~cheshire/EinsteinQuotes.html
“Two things are infinite: the universe and human stupidity; and I’m not sure about the the universe.”
I thought that we have iterated many many times that prediction markets that do not fail are not accurate…
Why reporting on *one* expired prediction market is no fun… when using the scientific approach
http://www.midasoracle.org/2009/05/28/reporting-scientifically-on-the-expired-prediction-markets-is-no-fun/