The wisdom of ignorant crowds: Predicting sport outcomes by mere recognition

that bets on the fact that people's recognition knowledge of names is a proxy for their competitiveness: In sports, it predicts that the better-known team or player wins a game. We present two studies on the predictive power of recognition in forecasting soccer games (World Cup 2006 and UEFA Eu...

Full description

Bibliographic Details
Main Authors: Stefan M. Herzog, Ralph Hertwig
Format: Article
Language:English
Published: Society for Judgment and Decision Making 2011-02-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/11/rh18/rh18.pdf