Tag Archives: Friedrich August Von Hayek

Fear the Boom and Bust

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One of the key reasons why timing and exact prediction is so difficult is the futility of conventional cause-effect thinking in complex adaptive systems.

Efficient Markets and Pattern Predictions Via Sean Park

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The best researchers on prediction markets

CFM: Scholars Check that CFM page for updates. And contact me so I can make additions to the list. (I’ll then re-publish that updated list on Midas Oracle.) – Michael Abramowicz – Michael B. Abramowicz – (Law School, George Washington … Continue reading

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Justin Wolfers should have his own Wikipedia entry.

Any Wikipedian out there willing to start off his page? http://en.wikipedia.org/wiki/Justin_Wolfers – Robin Hanson, Tyler Cowen, Steve Levitt, and even Don Luskin and Robert Scoble, have their own Wikipedia entry. Why not Wolfers???… I realized that when I updated my … Continue reading

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ProKons strongly believe that (play-money) prediction markets are bozo immune.

ProKons have just output a great English-speaking website. – - I told you about ProKons, back in June 2007. At the time, alas, their website was in German and thus incomprehensible for most of us. Peter Gollowitsch has just alerted … Continue reading

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Can you think of another name to add in this list?

Acknowledments – Friedrich August von Hayek (an economist who introduced, among other things, the concept of the market as an information aggregation tool in The Use of Knowledge in Society, and the 1974 co-winner of the Nobel Prize in economics); … Continue reading

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Chicago, Athens, and Jerusalem

Why this crazy blog name? Chicago–My hometown, the location of my [university] education at the University of Chicago, one of the world’s premier centers of scientific [research]. Known as a hub of transportation and commerce, and for the “Chicago Schools” … Continue reading

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