#10107
Mentioned in 1 episodes
Can Gambling Save Science?
Encouraging an honest consensus
Book • 1995
In this article, Robin Hanson suggests replacing the classic peer review process with a market-based alternative where scientists stake 'bets' on the outcomes of studies.
This approach, using prediction markets, aggregates information from participants to predict the replicability of studies, potentially offering more accurate forecasts than traditional methods.
Hanson argues that the incentive to make accurate predictions, as seen in sports and election betting, could lead to better outcomes in scientific research.
This approach, using prediction markets, aggregates information from participants to predict the replicability of studies, potentially offering more accurate forecasts than traditional methods.
Hanson argues that the incentive to make accurate predictions, as seen in sports and election betting, could lead to better outcomes in scientific research.
