Tag Archives: 2008 Democratic primary

Are prediction markets useful?

According to Alan Abramowitz, John Tierney has been “greatly exaggerating the accuracy of the betting markets.” “They follow the polls. That’s it.” – - My comment to Alan Abramowitz and John Tierney: “They follow the polls. That’s it.” Yes, they … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Forecasting (Science & Practice), Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , | 3 Comments