Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Category Archives: Education

Correlation gone wong? Kauffman Foundation study on education and entrepreneurship sparks controversy.

“The question is whether being educated in a ‘top’ school helps or not. And the design of the study simply does not allow any conclusion about this question, in either direction!“
More info.

NO CORRELATION BETWEEN IVY LEAGUE EDUCATION AND ENTREPRENEURSHIP

Those who are born without the silver spoons in their mouths are more motivated to succeed.
UPDATE:
Prof Panos Ipeirotis wrote this comment, at TechCrunch:
“The question is whether being educated in a ‘top’ school helps or not. And the design of the study simply does not allow any conclusion about this question, in either direction!“

Scholarpedia – Search results for query “prediction markets”:

“No page with that title exists.”
On that same page, those academic i****s link to Amazon.com instead of linking to Wikipedia. What a bunch of mediocre i*******s. This is so stupid. Another evidence why we should should not listen to tenured professors who encapsulate themselves into the Ivory Tower. What a bunch of losers. I can’t [...]

The Singularity University looks at prediction markets and collective intelligence.

David Orban:
In its ten tracks Singularity University (SU) tries to cover as much as possible of a vast amount of material. The specifics are steered by the track chairs, with a lot of input from both the students, the teaching fellows, and also sometimes from the outside. The Futures Studies & Forecasting track does indeed [...]

The Singularity University + The Prediction Markets

Spot the 3 men on the right-side of the photo:
- In blue, our good friend Mike Linksvayer of Creative Commons;
- In red, the Google guy in charge of open-source software;
- In grey, Matt Mullenweg of WordPress.

So, my question to Mike:
- Do you sense that prediction markets could be a topic at the Singularity University, or [...]

Why statistics (and probability) ought to be taught over calculus in America’s mathematics curriculum

Students should aspire to be “data samurais”.
Andrew Gelman, Lance Fortnow, Panos Ipeirotis and Bo Cowgill are hot again all of the sudden.
Amazing videos of Arthur Benjamin:

“Most graduate programs in American universities produce a product for which there is no market (candidates for teaching positions that do not exist) and develop skills for which there is diminishing demand (research in subfields within subfields and publication in journals read by no one other than a few like-minded colleagues), all at a rapidly rising cost (sometimes well over $100,000 in student loans).”

“Abolish tenure”…

George Mason University is *not* in the top 50 graduate schools of economics.

US News & World Report – Rankings
GMU is in the second tier, not even ranked numerically.
Maybe some of the GMU professors spend too much time blogging (as opposed to producing fundamental and applied research), and maybe some of them spend too much time putting up the show. They should focus on improving the standing of [...]

Do economics professors who have business relationships with prediction market companies indoctrinate their students about the supposed benefits of prediction markets?

Read this New York Times article about academic–industry ties.
How much consulting and speaking fees (plus, free meals, tickets, trips or the like) do our economics professors receive from the prediction market industry?
Does it taint what they write and teach?
Should we ban prediction market companies from providing any academic funding?

A portfolio instead of a diploma

Excellent idea.
It inaugurates my new “Education” category and tag.

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