Tag Archives: efficency
Whatever the expectations (whether they will end up being wrong or right), in complicated situations, the prediction markets aggregate them faster than the mass media do.
That’s my answer to Flubber.
What’s yours? Mike, Jason, David, Dave, etc.
Posted in All Best Posts Ever, Analysis (Meta), Forecasting (Science & Practice)
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Also tagged accuracy, prediction markets, The Truth About Prediction Markets, velocity
Flubber is partially right.
Posted in Analysis (Meta), Forecasting (Science & Practice), Humor
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Also tagged accuracy, Humor, prediction markets, The Truth About Prediction Markets, velocity
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