Distilling the Wisdom of Crowds: Prediction Markets vs. Prediction Polls
Pavel Atanasov,Phillip Rescober,Eric Stone,et al. — Distilling the Wisdom of Crowds: Prediction Markets vs. Prediction Polls (2017)Pavel Atanasov; Phillip Rescober; Eric Stone; et al. · 2017 · Article · abstractTheorySource attached · not independently reviewedCLM-0655 · as of 2026-10-27 · about: Prediction markets for policy · Author: Polity Atlas editorial team
“In a large geopolitical forecasting tournament, prediction market prices beat the simple mean of prediction polls, but team prediction polls outperformed the markets when forecasts were statistically aggregated, suggesting that well-designed polls are an attractive alternative to markets.”
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Context
The Promise of Prediction Markets
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