FORAXION TIMESOCTOBER 2026

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Results for “Incentive design”

2022-10-21The Forecasting Machine

Do prediction markets reward the lone right answer? Servan-Schreiber’s reply to a PNAS model of collective intelligence

A 2017 PNAS model found that “market rewards” make crowds herd and proposed paying accurate minorities instead. Émile Servan-Schreiber argues that real prediction markets already pay that way.

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