Showing 1 - 10 of 92
Forecasting tournaments are misaligned with the goal of producing actionable forecasts of existential risk, an extreme-stakes domain with slow accuracy feedback and elusive proxies for long-run outcomes. We show how to improve alignment by measuring facets of human judgment that play central...
Persistent link: https://www.econbiz.de/10013309312
Persistent link: https://www.econbiz.de/10010530213
We report the results of the first large-scale, long-term, experimental test between two crowd sourcing methods – prediction markets and prediction polls. More than 2,400 participants made forecasts on 261 events over two seasons of a geopolitical prediction tournament. Some forecasters traded...
Persistent link: https://www.econbiz.de/10012971034
Persistent link: https://www.econbiz.de/10012303362
Persistent link: https://www.econbiz.de/10011656362
We propose an elicitation method, Reciprocal Scoring (RS), that challenges forecasters to predict the forecasts of other forecasters. Two studies show how RS can generate accurate forecasts of otherwise unanswerable questions. Study 1 establishes the epistemic credibility of RS: forecasters...
Persistent link: https://www.econbiz.de/10013313976
Persistent link: https://www.econbiz.de/10009388059
Are we more inclined to take risks for ourselves rather than on someone else's behalf? The current study reviews and summarizes 28 effects from 18 studies (n=4,784). Across all studies, choices for others were significantly more risk-averse than choices for self (d=0.15, p=0.012). Two objective...
Persistent link: https://www.econbiz.de/10013038563
Persistent link: https://www.econbiz.de/10011625919
We examined the effects of framing and perceived vulnerability on dishonest behavior in competitive environments. Participants were randomly matched into pairs and took a short multiple-choice test, the relative score of which determined their merit-based payoffs. After learning about the test...
Persistent link: https://www.econbiz.de/10014178043