Decision Markets Outperform Committees (But Trust In Them Is Low)
The Horizons Tracker
FEBRUARY 7, 2021
Decision markets are increasingly common to help weed out the best decisions, but they are still dwarfed by decisions made via committees or other adhoc groups. Prediction markets work by participants placing bets on particular outcomes. It’s a choice that new research from UC Riverside suggests is increasingly untenable.
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