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	<title>Comments on: Fooled by common interest</title>
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	<link>http://gondwanaland.com/mlog/2008/06/06/fooled-by/</link>
	<description>My opinions only. I do not represent any organization in this publication.</description>
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		<title>By: gurdonark</title>
		<link>http://gondwanaland.com/mlog/2008/06/06/fooled-by/#comment-99041</link>
		<dc:creator>gurdonark</dc:creator>
		<pubDate>Wed, 11 Jun 2008 05:24:57 +0000</pubDate>
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		<description>I think that DRM shows the dangers of focusing on solving the problem at hand--without understanding the implications of the problem at hand.</description>
		<content:encoded><![CDATA[<p>I think that DRM shows the dangers of focusing on solving the problem at hand&#8211;without understanding the implications of the problem at hand.</p>
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		<title>By: DIY enterprise prediction markets as revelators of institutional lies &#124; Midas Oracle .ORG</title>
		<link>http://gondwanaland.com/mlog/2008/06/06/fooled-by/#comment-99040</link>
		<dc:creator>DIY enterprise prediction markets as revelators of institutional lies &#124; Midas Oracle .ORG</dc:creator>
		<pubDate>Tue, 10 Jun 2008 17:17:13 +0000</pubDate>
		<guid isPermaLink="false">http://gondwanaland.com/mlog/?p=535#comment-99040</guid>
		<description>[...] Adam Siegel of Inkling Markets: [...]</description>
		<content:encoded><![CDATA[<p>[...] Adam Siegel of Inkling Markets: [...]</p>
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		<title>By: Adam</title>
		<link>http://gondwanaland.com/mlog/2008/06/06/fooled-by/#comment-99030</link>
		<dc:creator>Adam</dc:creator>
		<pubDate>Mon, 09 Jun 2008 13:37:33 +0000</pubDate>
		<guid isPermaLink="false">http://gondwanaland.com/mlog/?p=535#comment-99030</guid>
		<description>Mike,

The context of that discussion was talking about allowing people to create their own markets vs. having them only be run by a central entity or only through recommendations by a consulting firm.  
We were also talking about the insights you may get by running prediction markets that are not readily apparent in the market results. 

The original point was, by allowing people to ask as many questions as possible, the questions may be a signal themselves pointing to something that you didn&#039;t previously know about. If someone asks a question about the probability of a risk factor occurring that you never even considered before, for example. That would never have been uncovered, otherwise because the &quot;prediction market administrators&quot; wouldn&#039;t even have known to ask.</description>
		<content:encoded><![CDATA[<p>Mike,</p>
<p>The context of that discussion was talking about allowing people to create their own markets vs. having them only be run by a central entity or only through recommendations by a consulting firm.<br />
We were also talking about the insights you may get by running prediction markets that are not readily apparent in the market results. </p>
<p>The original point was, by allowing people to ask as many questions as possible, the questions may be a signal themselves pointing to something that you didn&#8217;t previously know about. If someone asks a question about the probability of a risk factor occurring that you never even considered before, for example. That would never have been uncovered, otherwise because the &#8220;prediction market administrators&#8221; wouldn&#8217;t even have known to ask.</p>
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		<title>By: victor</title>
		<link>http://gondwanaland.com/mlog/2008/06/06/fooled-by/#comment-99024</link>
		<dc:creator>victor</dc:creator>
		<pubDate>Sat, 07 Jun 2008 16:56:58 +0000</pubDate>
		<guid isPermaLink="false">http://gondwanaland.com/mlog/?p=535#comment-99024</guid>
		<description>from the article: &quot;what other methods have worked in combating grade inflation awarded to undeserving projects?&quot;

How about: the boss walks down the hall (?)

I&#039;m sure there&#039;s more to the lie-detecting software service that post mentions but in successful companies I&#039;ve work for, the executives in charge of allocating budgets and resources would never take any proposal/presentation by mid-management at face value and always did their own research by, you know, talking to the engineers. 

meanwhile &quot;black swan&quot; has become a buzz word, that&#039;s all. People buy that book, never read it (or like me, read it and don&#039;t get it) and assume it&#039;s safe to throw the term around.</description>
		<content:encoded><![CDATA[<p>from the article: &#8220;what other methods have worked in combating grade inflation awarded to undeserving projects?&#8221;</p>
<p>How about: the boss walks down the hall (?)</p>
<p>I&#8217;m sure there&#8217;s more to the lie-detecting software service that post mentions but in successful companies I&#8217;ve work for, the executives in charge of allocating budgets and resources would never take any proposal/presentation by mid-management at face value and always did their own research by, you know, talking to the engineers. </p>
<p>meanwhile &#8220;black swan&#8221; has become a buzz word, that&#8217;s all. People buy that book, never read it (or like me, read it and don&#8217;t get it) and assume it&#8217;s safe to throw the term around.</p>
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