Tag Archives: Collective Decision Making

Robin Hanson bores his students with Futarchy. –> He is asked to apply his concept to Himself.

A commenter on his blog (Bill): Why not experiment at GMU? Have the students run the university using Futarchy principals. They pick the goals, then you use markets. You can even start on a smaller scale, a class. Report back … Continue reading

Posted in Collective Decision Making, Collective Forecasting, Exchanges & Markets | Tagged , , , , | Leave a comment

Do businesses need enterprise prediction markets?

Competitive advantage can be obtained either by differentiation or by low cost. Enterprise prediction markets certainly don’t foster the innovation process, and they are surely not the cheapest forecasting tool. EPMs require special software, the hiring of consultant(s), the participation … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Cases, Collective Decision Making, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets | Tagged , , , , , , , , , , , , , , , , , , | 6 Comments

There’s a persuasive theory underlying Robin Hanson’s proposal…

… “but we’ll never know how well it works until someone puts it to the test.“ Exactly. Robin Hanson, do act on your proposal —instead of doing blah blah blah. The flaw(s) in the futarchy idea will appear in plain … Continue reading

Posted in Collective Decision Making | Tagged , , , , | Leave a comment

Does “collective decision making” encompass “prediction markets”?

Collective decision making = prediction markets voting systems information propagation recommender systems

Posted in Collective Decision Making | Tagged , | Leave a comment

Robin Hanson wants to use *YOU* as his first Guinea Pig for his futarchy experiment.

Robin Hanson: Yes of course new ideas for organizations should be tried first in smaller organizations. Do let me know of any small orgs interesting in experimenting. Here’s how to contact Robin Hanson: rhanson AT gmu DOT edu In the … Continue reading

Posted in Collective Decision Making, Humor | Tagged , , , , | Leave a comment

Is Robin Hanson’s Futarchy Full Of BullShit?

Why doesn’t Robin Hanson implement his grandiose idea on a small organization (like George Mason University), as opposed to a national government, to see whether it makes sense? I suspect it doesn’t. Prediction markets have very, very slightly improved the … Continue reading

Posted in Analysis (Market Proposals), Analysis (Meta), Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Entrepreneurship, Exchanges & Markets, Inventions & Innovations, Politics | Tagged , , , , | 6 Comments

Wanna know what Eric Zitzewitz thinks of Michael Abramowitz’s Predictocracy?

To read Eric Zitzewitz’s review of Michael Abramowitz’s Predictocracy, you need to go behind a wall. Totally absurd. Book reviews are typically the kind of information that should be free and easily accessible —HTML style. Previously: Is weather betting legal … Continue reading

Posted in Analysis (Meta), Collective Decision Making, Economics | Tagged , , , , , | Leave a comment

Robin Hanson: My best idea was prediction markets.

Robin Hanson‘s auto-biography (i.e., how Our Master Of All Universes views HimSelf): – Robin Hanson: Do you find it hard to summarize yourself in a few words? Me too. But I love the above quote. I have a passion, a … Continue reading

Posted in Collective Decision Making, Collective Forecasting, Exchanges & Markets, History, People | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Is Robin Hanson a market fundamentalist?

Niall O’Connor: Robin Hanson, is what I would term a market fundamentalist – somebody who believes that markets are the primary mechanism for achieving the public good. Recent events have demonstrated that this creed is morally bankrupt. We are, in … Continue reading

Posted in All Best Posts Ever, Analysis (Meta), Collective Decision Making, Collective Forecasting, Exchanges & Markets, Politics | Tagged , , , , , , , , , , , , , , , | 5 Comments

Decision markets will one day revolutionize governance, both public and private…

That’s the blurb that Robin Hanson wrote up for “Predictocracy“, Michael Abramowicz’s book. I don’t believe a single word of it. If prediction markets and decision-aid markets were so powerful, we would have had the evidence under our very nose, … Continue reading

Posted in Analysis (Meta), Collective Decision Making, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Politics | Tagged , , , , , , , , , | 6 Comments