LW makes frequent reference to coming to above average decisions with some kind of market.
And this market can be used to find right answers, the right calibrations between group values, something like this?
Where can I find information on this, or how does it work?
The favourite local writer on this is Robin Hanson, but the general idea has a big literature: the name to search for is “prediction market”.
LW makes frequent reference to coming to above average decisions with some kind of market.
And this market can be used to find right answers, the right calibrations between group values, something like this?
Where can I find information on this, or how does it work?
The favourite local writer on this is Robin Hanson, but the general idea has a big literature: the name to search for is “prediction market”.