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008 150506s2015 nyua b 001 0 eng
010 _a 2015007310
020 _a9781847947147
040 _aDLC
_beng
_erda
_cDLC
_dDLC
042 _apcc
050 0 0 _aHB3730
_b.T47 2015
082 0 0 _a303.49
_223
_bTET-S
084 _aBUS086000
_aSOC037000
_aPSY008000
_2bisacsh
100 1 _aTetlock, Philip E.
245 1 0 _aSuperforecasting :
_bthe art and science of prediction
_cPhilip E. Tetlock, Dan Gardner.
260 _aLondon,
_bRandom House Books :
_c©2015
300 _a340 p. :
_bill ;
_c25 cm
504 _aIncludes bibliographical references (pages 291-328) and index.
520 _a"From one of the world's most highly regarded social scientists, a transformative book on the habits of mind that lead to the best predictions Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week's meals. Unfortunately, people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts' predictions are only slightly better than chance. However, an important and underreported conclusion of that study was that some experts do have real foresight, and Tetlock has spent the past decade trying to figure out why. What makes some people so good? And can this talent be taught? In Superforecasting, Tetlock and coauthor Dan Gardner offer a masterwork on prediction, drawing on decades of research and the results of a massive, government-funded forecasting tournament. The Good Judgment Project involves tens of thousands of ordinary people--including a Brooklyn filmmaker, a retired pipe installer, and a former ballroom dancer--who set out to forecast global events. Some of the volunteers have turned out to be astonishingly good. They've beaten other benchmarks, competitors, and prediction markets. They've even beaten the collective judgment of intelligence analysts with access to classified information. They are "superforecasters." In this groundbreaking and accessible book, Tetlock and Gardner show us how we can learn from this elite group. Weaving together stories of forecasting successes (the raid on Osama bin Laden's compound) and failures (the Bay of Pigs) and interviews with a range of high-level decision makers, from David Petraeus to Robert Rubin, they show that good forecasting doesn't require powerful computers or arcane methods. It involves gathering evidence from a variety of sources, thinking probabilistically, working in teams, keeping score, and being willing to admit error and change course. Superforecasting offers the first demonstrably effective way to improve our ability to predict the future--whether in business, finance, politics, international affairs, or daily life--and is destined to become a modern classic"--
650 7 _aBUSINESS & ECONOMICS / Forecasting.
_2bisacsh
650 7 _aSOCIAL SCIENCE / Future Studies.
_2bisacsh
650 7 _aPSYCHOLOGY / Cognitive Psychology.
_2bisacsh
650 0 _aEconomic forecasting.
650 0 _aForecasting.
700 1 _aGardner, Dan
906 _a7
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