Scott Page, University of Michigan-Ann Arbor
Scott Page, University of Michigan-Ann Arbor
A Tale of Two Models: Collective Accuracy in Prediction
A Tale of Two Models: Collective Accuracy in Prediction
25 Apr 20133:00 PM – 4:30 PM
Open to public
Location:
Cotting Conference Room
Organizer:
Abstract: The questions of how and whether collections of how and whether collective predictions are more accurate than the predictions of individuals animates scholars in several disciplines including but not limited to economics, organizational studies, finance, political science, psychology, computer science, and statistics. In this talk, I'll describe two distinct classes of models that explain collective accuracy, discuss their similarities and differences, and comment on why two models may be better than one.