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What people are saying - Write a reviewAlmost a great bookUser Review  - Peter McCluskey - Amazon.com - This had the potential to be an unusually great book, which makes its shortcomings rather frustrating. It is loaded with good ideas, but it's often hard to distinguish the good ideas from the bad ... Read full review Predictocracy ReviewUser Review - Alexander Kirtland "UsableMarkets" - Amazon.com - Michael Abrahmowicz, in his new book, Predictocracy: Market Mechanisms for Public and Private Decision Making, resembles nothing so much as a nutritionist. He takes a piece of fruit (prediction ... Read full review Related books
Other editions - View allCommon terms and phrasesadjudication aggregation allow alternative approach assess benefit bets chain novel Chapter conditional markets conditional prediction markets context corporate cost-benefit analysis costs courts deci deliberative prediction market Delphi Method diction markets dollars effect employees evaluation ex post decision example expected Foresight Exchange future Hollywood Stock Exchange improve incentives individuals insider trading interest invest Iowa Electronic Markets issues judges kets large number least litigation manipulation market maker market predictions market prices market scoring rule market sponsor market-based legislature models noise traders Nonetheless normative prediction market open-source software optimism bias outcome particular perhaps policy analysis possible post decision makers potential prediction mar prediction market forecasts predictive decision predictors preferences probability estimate problem produce profit proposal regulation relatively relevant result risk Robin Hanson seek selected shareholders shares small number someone subsidy text-authoring market tion markets tive tradable contracts TradeSports trading trial by market vote Popular passagesPage 294 - Or, to change the metaphor slightly, professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole... Page 335 - Michael C. Jensen and William H. Meckling, "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure," Journal of Financial Economics 3 (1976): 305-59; R. Page 337 - ... the discovery sought is unreasonably cumulative or duplicative, or is obtainable from some other source that is more convenient, less burdensome, or less expensive; (ii) the party seeking discovery has had ample opportunity by discovery in the action to obtain the information sought; or (iii) the burden or expense of the proposed discovery outweighs its likely benefit, taking into account the needs of the case, the amount in controversy, the parties... Page 324 - all the women are strong, all the men are goodlooking, and all the children are above average. Page 294 - We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. And there are some, I believe, who practise the fourth, fifth and higher degrees. Page 291 - You are to meet somebody in New York City. You have not been instructed where to meet; you have no prior understanding with the person on where to meet; and you cannot communicate with each other. You are simply told that you will have to guess where to meet and that he is being told the same thing and that you will just have to try to make your guesses coincide. Page 50 - ... all other goods and articles, except onions as provided in Public Law 85-839, and all services, rights, and interests in which contracts for future delivery are presently or in the future dealt in... Page 333 - Chevron [USA, Inc. v. Natural Resources Defense Council, Inc.], 467 US 837, 842-43, 104 S. Ct. at 2781-82. If Congress has not addressed directly the precise question at issue... References to this bookFrom Google ScholarMechanisms of Democratic ReasonHélène LANDEMORE References from web pagesPredictocracy: Market Mechanisms for Public and Private ... Concurring Opinions Predictocracy The Volokh Conspiracy - Predictocracy vs. Futarchy: Predictocracy: Market Mechanisms for Public and Private Decision ... Overcoming Bias: Predictocracy vs. Futarchy Technorati: Discussion about “Predictocracy” usablemarkets - markets, design, usability, research » Book Reviews Good Morning, Economics Segnala "Predictocracy: Market Mechanisms for Public and Private ... Bibliographic information |
