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Universitätsbibliothek Heidelberg
Verfasst von:DellaVigna, Stefano
 Pope, Devin
Titel:Predicting Experimental Results
Verlagsort:Chicago
Verlag:University of Chicago Press
 University of Chicago, acting through its Press
Jahr:2018
Umfang:47 S.
Inhalt:We analyze how academic experts and nonexperts forecast the results of 15 piece-rate and behavioral treatments in a real-effort task. The average forecast of experts closely predicts the experimental results, with a strong wisdom-of-crowds effect: the average forecast outperforms 96 percent of individual forecasts. Citations, academic rank, field, and contextual experience do not correlate with accuracy. Experts as a group do better than nonexperts, but not if accuracy is defined as rank-ordering treatments. Measures of effort, confidence, and revealed ability are predictive of forecast accuracy to some extent and allow us to identify “superforecasters” among the nonexperts.
ISSN:0022-3808
Titel Quelle:The Journal of political economy
Jahr Quelle:2018
Band/Heft Quelle:126, 6, S. 2410-2456
DOI:doi:10.1086/699976
URL:http://www.ub.uni-heidelberg.de/cgi-bin/edok?dok=https%3A%2F%2Ffanyv88.com%3A443%2Fhttps%2Fwww.jstor.org%2Fstable%2F26550547
 http://www.ub.uni-heidelberg.de/cgi-bin/edok?dok=https%3A%2F%2Ffanyv88.com%3A443%2Fhttps%2Fwww.journals.uchicago.edu%2Fdoi%2Fabs%2F10.1086%2F699976
 http://www.ub.uni-heidelberg.de/cgi-bin/edok?dok=https%3A%2F%2Ffanyv88.com%3A443%2Fhttps%2Fwww.proquest.com%2Fdocview%2F2140896107%2Fabstract%2F
 DOI: https://doi.org/10.1086/699976
Sprache:English
Sach-SW:Accuracy
 Behavior modification
 Citations
 Crowds
 Economic theory
 Experts
 Forecasting
 Political economy
 Wisdom
Verknüpfungen:→ Sammelwerk


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