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jvanderbot
38 days ago
I tend to go back to this article when I discuss these markets with people
https://en.wikipedia.org/wiki/Wisdom_of_the_crowd
... in particular, these markets are designed to tease out the "surprisingly popular" answer
https://en.wikipedia.org/wiki/Surprisingly_popular
because they incentivize divergence from average response.
1 comments
airstrike
38 days ago
You'll note from "Challenges and solution approaches" that it comes with significant caveats and is easily undermined.
link