Tag Archives: information aggregation mechanisms

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

Posted on June 29, 2009 by Chris F. Masse

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 →

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Business Administration, Cases, Collective Forecasting, Consulting | Tagged , , , , , , , , , , , , , , , | Leave a comment

CrowdCast = Collective Forecasting = Collective Intelligence That Predicts

Posted on June 25, 2009 by Chris F. Masse

The fine people at CrowdCast (Mat Fogarty and Leslie Fine) are finally out today with their brand-new, no-trading, collective forecasting mechanism. The purpose is to aggregate information across one organization so as to generate the most objective business forecasts. The … Continue reading →

Posted in Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Consulting, Exchanges & Markets, Mechanism Designs, Software | Tagged , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Can prediction markets help improve economic forecasts?

Posted on June 15, 2009 by Michael Giberson

Contrary to the suggestion of Hendry and Reade, I don’t think “model averaging” is a useful explanation of what prediction markets do. Continue reading →

Posted in All Best Posts Ever, All Guest Authors's Posts, Analysis (Meta), Collective Forecasting, Economics, Exchanges & Markets, Explainers, Mechanism Designs | Tagged , , , , , , , , , | 10 Comments