…just create a market!

Posted in economics by Francisco Marco-Serrano @ Jan 19, 2008

This seems to be the trendiest solution for a good forecast. This quite seems a manifesto, but the "wisdom of the crowds" (as defined by James Surowiecki) is more accurate than other forecasting techniques. Welcome to the world of information markets!.

 

So, you know, want a good forecast?: JUST create a market! (isn’t that liberal).

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