Introduction to Forecasting: Difference between revisions
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* [https://forecasting.wiki/wiki/Introduction_to_Forecasting Prediction market terminology] (by Kalshi). |
* [https://forecasting.wiki/wiki/Introduction_to_Forecasting Prediction market terminology] (by Kalshi). |
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== Two frames for forecasting: Self-Improvement vs Information Gathering == |
== Two frames for forecasting: Self-Improvement vs Information Gathering == |
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Forecasting as self improvement. You (or your organisation) make forecasts about the future. You keep a track record of your progress. Looking back, you spot the repeated kind of errors and work on making your future decision better. You become wary of making forecasts in future that you don't think will hold up. Your behaviour is better linked to reality and you become a more accurate source of information. |
Forecasting as self improvement. You (or your organisation) make forecasts about the future. You keep a track record of your progress. Looking back, you spot the repeated kind of errors and work on making your future decision better. You become wary of making forecasts in future that you don't think will hold up. Your behaviour is better linked to reality and you become a more accurate source of information. |
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* Choosing your scoring method |
* Choosing your scoring method |
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* Working out which questions are interesting |
* Working out which questions are interesting |
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