Superforecasting

The Art and Science of Prediction

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  • 4.00 ·
  • 6 Ratings
  • 66 Want to read
  • 3 Currently reading
  • 11 Have read

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Last edited by ImportBot
September 18, 2021 | History

Superforecasting

The Art and Science of Prediction

  • 4.00 ·
  • 6 Ratings
  • 66 Want to read
  • 3 Currently reading
  • 11 Have read

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.

Publish Date
Publisher
Broadway Books
Pages
352

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Edition Availability
Cover of: Superforecasting
Superforecasting: The Art and Science of Prediction
Sep 13, 2016, Broadway Books
paperback
Cover of: Superforecasting
Superforecasting
2015, Crown, Crown Publishers

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Book Details


Edition Notes

Source title: Superforecasting: The Art and Science of Prediction

Classifications

Library of Congress
HB3730.T47 2015

The Physical Object

Format
paperback
Number of pages
352

ID Numbers

Open Library
OL27706706M
ISBN 10
0804136718
ISBN 13
9780804136716
Amazon ID (ASIN)
0804136718

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
September 18, 2021 Edited by ImportBot import existing book
November 16, 2019 Created by ImportBot Imported from amazon.com record.