You're right, DavyK, it is not new, which is one reason the book is good--he tells you about all the studies so you could really delve much deeper if you were so inclined. I'm okay ATM with his summaries, though. :)
One thing he talks about is how experts can be bad if they are too limited or specialized. You really need outside information coming in to balance out things. For instance, a group composed of Bucks fans who knew little about other teams wouldn't be as good as a group composed of fans of various teams, since their combined knowledge would be more likely to hit on a good prediction.
You're right, DavyK, it is not new, which is one reason the book is good--he tells you about all the studies so you could really delve much deeper if you were so inclined. I'm okay ATM with his summaries, though. :)
One thing he talks about is how experts can be bad if they are too limited or specialized. You really need outside information coming in to balance out things. For instance, a group composed of Bucks fans who knew little about other teams wouldn't be as good as a group composed of fans of various teams, since their combined knowledge would be more likely to hit on a good prediction.
Matt Barton, Managing Editor
Location: St. Cloud, Minnesota, USA
Email: matt@armchairarcade.com