Midas Oracle .ORG » Scientific Advisory Board http://www.midasoracle.org Prediction Markets, etc. Tue, 14 Feb 2012 10:14:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 The Absence of Teams In Production of Blog Journalism http://www.midasoracle.org/2008/04/19/the-absence-of-teams-in-production-of-blog-journalism/ http://www.midasoracle.org/2008/04/19/the-absence-of-teams-in-production-of-blog-journalism/#comments Sat, 19 Apr 2008 09:29:03 +0000 Chris F. Masse http://www.midasoracle.org/?p=6654 Continue reading →]]> Justin Wolfers at Freakonomics published the link to an interesting paper, “The Increasing Dominance of Teams in Production of Knowledge” [PDF file]:

The Increasing Dominance of Teams in Production of Knowledge

We have used 19.9 million papers over 5 decades and 2.1 million patents to demonstrate that teams increasingly dominate solo authors in the production of knowledge. Research is increasingly done in teams across nearly all fields. Teams typically produce more frequently cited research than individuals do, and this advantage has been increasing over time. Teams now also produce the exceptionally high-impact research, even where that distinction was once the domain of solo authors. These results are detailed for sciences and engineering, social sciences, arts and humanities, and patents, suggesting that the process of knowledge creation has fundamentally changed.

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Currently, any group blog (like Freakonomics or Midas Oracle) is in fact an aggregation of solo blogs —in the example above, Justin Wolfers wrote his blog post without the assistance of Steve Levitt (just like I’m writing this present blog post without the direct supervision of our Scientific Advisory Board chief Michael Giberson).

In the future, I foresee a process where a blog post could be written by at least 2 bloggers (i.e., 2 co-authors). I have looked into this issue, and concluded that WordPress is not yet ready for that. But it’s coming… It’s coming… Push… Push… :-D

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Technical Note on WordPress 2.5:

  1. I regret that, in WordPress 2.5, it’s now impossible to sort post archives by blog author. :( WordPress is written by young white males who don’t have any experience with group blogs and blog communities.
  2. The usability bozos who overhauled the WordPress administration menus decided that you now have to click on a post/comment title to edit it :( —thus breaking the Web convention which says that you click on a weblink to open it, not to edit it. … I’m not the only one having trouble with this.

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]]> http://www.midasoracle.org/2008/04/19/the-absence-of-teams-in-production-of-blog-journalism/feed/ 0 Robin Hanson wants to rule the world —just as CEOs and heads of states do for a living. http://www.midasoracle.org/2008/03/27/robin-hanson-wants-to-rule-the-world-just-as-ceos-and-heads-of-states-do-for-a-living/ http://www.midasoracle.org/2008/03/27/robin-hanson-wants-to-rule-the-world-just-as-ceos-and-heads-of-states-do-for-a-living/#comments Thu, 27 Mar 2008 16:36:17 +0000 Chris F. Masse http://www.midasoracle.org/2008/03/27/robin-hanson-wants-to-rule-the-world-just-as-ceos-and-heads-of-states-do-for-a-living/ Continue reading →]]> Our Master Of All Universes moans that the Free World’s private and public decision makers rarely or never ask him for advice —even though he sits on many “Boards Of Advisors” (like NewsFutures‘ one), which are, by definition, set up to provide advice —or so he thought, at inception. How come CEOs and heads of states are not imploring him for advice to help them run the word, he asks. He blogs that advisers are probably paid primarily for the prestige value that they lend to the company.

Which leads me to realize that I pay zero French franc for having economist Michael Giberson on our Scientific Advisory Board, which is quite about what his prestige is worth in the field of prediction markets, as of today. :-D That might change in the future, though —especially if I continue to flatter him publicly in posts like this present one. He might suffer from ego inflation and charge me for using his so-called “prestige value”. All economists, be damned. They are as greedy as the people they study.

]]> http://www.midasoracle.org/2008/03/27/robin-hanson-wants-to-rule-the-world-just-as-ceos-and-heads-of-states-do-for-a-living/feed/ 1 Should prediction exchanges and software vendors have their own Scientific Advisory Board? http://www.midasoracle.org/2007/11/05/should-prediction-exchanges-and-software-vendors-have-their-own-scientific-advisory-board/ http://www.midasoracle.org/2007/11/05/should-prediction-exchanges-and-software-vendors-have-their-own-scientific-advisory-board/#comments Mon, 05 Nov 2007 17:58:22 +0000 Chris F. Masse http://www.midasoracle.org/2007/11/05/should-prediction-exchanges-and-software-vendors-have-their-own-scientific-advisory-board/ Continue reading →]]> BetFair, TradeSports-Intrade and Betdaq don’t have any —and they are doing great. :-D (InTrade has great connections with the US-based economists, it should be noted.) NewsFutures has one. Xpree has one. Consensus Point has an informal one, it seems. As for Inkling Markets, let’s leave it blank, for now. HedgeStreet had the best and most impressive advisory board one could have —it didn’t preclude their wreckage. :-D

HedgeStreet Advisory Board

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