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Logarithmic Market Scoring Rules for Modular Combinatorial Information Aggregation
- Journal of Prediction Markets
, 2002
"... In practice, scoring rules elicit good probability estimates from individuals, while betting markets elicit good consensus estimates from groups. Market scoring rules combine these features, eliciting estimates from individuals or groups, with groups costing no more than individuals. ..."
Abstract
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Cited by 44 (4 self)
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In practice, scoring rules elicit good probability estimates from individuals, while betting markets elicit good consensus estimates from groups. Market scoring rules combine these features, eliciting estimates from individuals or groups, with groups costing no more than individuals.
