Tag Archives: collective intelligence that predicts

French TV anchor will launch a collective forecasting website.

Patrick Poivre D’Arvor (alias “PPDA”) is said to be planning a social prediction website. Will it be powered by a prediction market technology, or else? Mystery wrapped in a riddle inside an enigma. UPDATE: A new play-money betting operator opens … Continue reading

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CrowdCast = market mechanism = binary spreads with a market maker

Leslie Fine (CrowdCast Chief Scientist) to me: Actually, our mechanism is a market, it’s just not a stock market. We use an automated market maker to efficiently price every bet, adjust crowd beliefs, and price an interim sell. In essence, … Continue reading

Posted in All Best Posts Ever, Collective Forecasting, Exchange & Market Designs, Exchanges & Markets, Market Makers (Automated), Mechanism Designs | Tagged , , , , , , , , , , , , , | 2 Comments

The number of people searching for the term “economic depression” on Google is down to normal levels.

Says Larry Summers —who is no less than the Director of the White House’s National Economic Council for President Barack Obama.

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Dawn Tevekelian Keller wants to convince your boss to adopt enterprise prediction markets.

Dawn Tevekelian Keller (formerly at Best Buy) does not write for Robin Hanson et al.: This blog is not geared toward the existing Prediction Market intelligentsia. While I would be honored to have fellow enthusiasts read and critique this blog, … Continue reading

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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

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In most cases, the team (including the best predictors) outshines the best predictor working alone.

I had a question about VentureBeat’s statement, and Leslie Fine has answered it. VentureBeat: As everyone has known since the modern corporation was invented, employees such as executive assistants or production line managers often have better information and more accurate … Continue reading

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Midas Oracle has a de facto monopoly on “collective forecasting”.

If you type “collective forecasting” in the 3 main search engines, Midas Oracle pops up as #1 in the results. Thanks to Emile of NewsFutures and Prof Robin for their devotion and plain hard work in pushing this industry keyword … Continue reading

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What Robin Hanson didn’t tell you about collective forecasting

In honor of our good doctor Robin Hanson, I am creating a new category, “collective forecasting“ —and the “forecasting” category becomes “traditional forecasting“, to mark the difference. (Can you sense it, Paul Hewitt?) The prof should take this as a … Continue reading

Posted in All Best Posts Ever, Analysis (Industry), Analysis (Meta), Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Forecasting (Science & Practice) | Tagged , , , , , , , | 2 Comments

Predicting = Forecasting –> Collective Forecasting = Collective Intelligence That Predicts

What is the etymology of the word forecasting? forecast (v.) c.1388, “to scheme,” from fore “before” + casten “contrive.” Meaning “predict events” first attested 1494. Previously: Apple dictionary on “predicting” vs “forecasting” Previously: Andrew Gelman on “predicting” vs “forecasting” – … Continue reading

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Collective Intelligence That Predicts

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