Superforecasting: The Art and Science of Prediction by Philip E. Tetlock

Superforecasting: The Art and Science of Prediction

byPhilip E. Tetlock, Dan Gardner

Kobo ebook | September 29, 2015

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From one of the world's most highly regarded social scientists comes a seminal book on forecasting that shows, for the first time, how we can all get better at making predictions.

       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."
     The authors 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, learning to think 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.

Title:Superforecasting: The Art and Science of PredictionFormat:Kobo ebookPublished:September 29, 2015Publisher:McClelland & StewartLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0771070535

ISBN - 13:9780771070532


Rated 4 out of 5 by from Great insight, limited applicability Contrary to expectations, this was more about what makes a good forecaster than how to become one. It talks about the personality types, which is harder to change about oneself. It remains a good read on the topic and identifying which forecasts may be more reliable.
Date published: 2017-01-11
Rated 5 out of 5 by from Psychology a good forecaster What are pundits so often wrong? This is a fantastic read about the psychology behind what makes a good forecaster. Unlike Silver's The Signal and the Noise, this is not about the technicals of building a forecast but rather about how forecaster think when building their forecast: often uncertain, enjoy group think, provide precision. This will definitely help anyone who takes in forecast to identify the good from the bad forecasters and make a more informed decision!
Date published: 2016-12-22