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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 |