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According to the author from textbook how to measure anything, why are prediction markets better for forecasting than opinion polls? Participants have an incentive to
According to the author from textbook how to measure anything, why are prediction markets better for forecasting than opinion polls? Participants have an incentive to consider the questions carefully and expend their own resources for new information Opinion polls can rarely reach more than 50 people There is no evidence of "herd instinct" with prediction markets Most people don't like to share their opinions
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