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Superforecasting: the art and science of prediction

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NEW YORK TIMES BESTSELLER * NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE ECONOMIST "The most important book on decision making since Daniel Kahneman's Thinking, Fast and Slow ."--Jason Zweig, The Wall Street Journal 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.
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ISBN:
9780804136716
9780804136709
9780804136693
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Grouping Information

Grouped Work ID339f4d33-9b74-56ba-46af-9b85901a6990
Grouping Titlesuperforecasting the art and science of prediction
Grouping Authorphilip e tetlock
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2020-10-24 13:52:27PM
Last Indexed2020-10-24 13:54:05PM
Novelist Primary ISBN9780804136693

Solr Details

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accelerated_reader_reading_level0
auth_author2Gardner, Dan, 1968-
authorPhilip E. Tetlock
author2-roleGardner, Dan,1968-author.
author_displayTetlock, Philip E
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Severna Park Library - Nonfiction
display_description"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"--
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Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
overdrive:1e2d67d5-a7cc-4572-8913-9b5c9aba0a0beBookeBookEnglishCrown2015
ils:a1227361BookBooksFirst edition.EnglishCrown Publishers, [2015]340 p. ; 25 cm
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subject_facetEconomic forecasting
Forecasting
title_displaySuperforecasting : the art and science of prediction
title_fullSuperforecasting : the art and science of prediction / Philip E. Tetlock, Dan Gardner
Superforecasting The Art and Science of Prediction
title_shortSuperforecasting
title_subthe art and science of prediction
topic_facetBusiness
Economic forecasting
Forecasting
Nonfiction
Psychology
Sociology