The blogger at Sabernomics sees “this as a win for prediction markets, not a failure.”
I don’t share his views, but I wanted to link to his piece for you to make up your own mind about the issue.
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Why did all the prediction markets get the Olympic decision to reject Chicago so wrong?
This entry was posted in Analysis (Accuracy & Precision), Analysis (Meta), Collective Forecasting, Exchanges & Markets, Information Technology, Leading & Lagging Indicators and tagged 2016 Summer Olympics, accuracy, Chicago, Collective Forecasting, International Olympic Committee, IOC, leading indicators, Olympics, prediction markets. Bookmark the permalink.