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Tag Archives: Predictocracy
Wanna know what Eric Zitzewitz thinks of Michael Abramowitz’s Predictocracy?
To read Eric Zitzewitz’s review of Michael Abramowitz’s Predictocracy, you need to go behind a wall. Totally absurd. Book reviews are typically the kind of information that should be free and easily accessible —HTML style. Previously: Is weather betting legal … Continue reading →
Decision markets will one day revolutionize governance, both public and private…
That’s the blurb that Robin Hanson wrote up for “Predictocracy“, Michael Abramowicz’s book. I don’t believe a single word of it. If prediction markets and decision-aid markets were so powerful, we would have had the evidence under our very nose, … Continue reading →
Posted in Analysis (Meta), Collective Decision Making, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Politics
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Tagged betting markets, Collective Decision Making, conditional prediction markets, decision making, decision-aid markets, event derivative markets, Michael Abramowicz, prediction markets, Predictocracy, Robin Hanson
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6 Comments
Predictocracy Book Review
I did a modest review of Michael Abramowicz’s new book: Predictocracy: Market Mechanisms for Public and Private Decision Making. You can read it here. In short, interesting, in an odd sort of way, yet worth the read. ~alex UsableMarkets
Posted in All Guest Authors's Posts, Analysis (Meta), Resources - References
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Tagged decision making, Michael Abramowicz, Predictocracy, Private
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1 Comment
Predictocracy = Market Mechanisms for Public and Private Decision Making
Robin Hanson: [...] The main problem with using [Michael] Abramowicz’s book as a “technical manual”, however, is that he’s never actually seen, much less touched, most of the blocks he describes. His conclusions are not supported or tested by math … Continue reading →
Posted in Analysis (Meta), Collective Decision Making, Collective Forecasting, Economics, Politics
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Tagged Collective Decision Making, Decision Making
Robin Hanson, decision making, decision markets, decision-aid markets, event derivative markets, event derivatives, futarchy, market web, Michael Abramowicz, prediction markets, Predictocracy, Private, Robin Hanson, web address
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2 Comments