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