The Science of Success

Last month, the publisher Simon & Schuster announced a partnership with a Web site called MediaPredict, which would use the collective judgment of readers to evaluate book proposals. The deal drew scorn from many, who saw it as evidence that publishers, in an era of stagnant sales, had so lost confidence in their own judgment that they were reduced to the methods of "American Idol." Full Story »

Posted by Julian Friedland

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Review

Howard Rheingold
4.8
by Howard Rheingold - Oct. 1, 2008

He succinctly and simply explains the business reasons and the science underlying prediction markets. I would expect as much -- he wrote the book on "The Wisdom of Crowds."

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