Re: [nukkad] [Info] Yahoo Research

["Harshal Chhaya" <>]

Indian Rediff wrote:
> For those that are interested in games like these I have a couple more.
>
> Hollywood Stock Exchange: http://www.hsx.com

Interestingly, I just saw hsx.com mentioned in an article about using
the 'wisdom of crowds' to filter information.

The USA Today write up at
http://www.usatoday.com/tech/columnist/kevinmaney/2006-09-12-wisdom-of-crowds_x.htm
has several examples where the concept that a large number of people
will make a better decision that a few experts ('wisdom of crowds' in
other words) hasn't worked as expected.

HSX was mentioned as a success story where the concept is working to
the extent that "HSX now sells its results to movie studios because
its forecasts are more accurate than the studios' internal forecasts."

Cool stuff.

- Harshal


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