Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: inklings

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

Written by Chris F. Masse on June 29, 2009 — Leave a Comment

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 insight than their management.
CrowdCast’s Leslie Fine:
The claim here is not that the administrator knows more than the [...]

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Business Administration, Cases, Collective Forecasting, Consulting | Also tagged , , , , , , , , , , , , , ,

The CrowdCast truth that Robin Hanson would debunk if Our Master Of All Universes were not so obsessed with signalling

Written by Chris F. Masse on June 26, 2009 — 1 Comment

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 insight than their management.
[*] Hmm… Do research scientists really say that low- and mid-level employees know more than the executives? I would like a more rigourous take on [...]

Posted in Business Administration | Also tagged , , , ,

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