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The wisdom of the crowd playing The Price Is Right

In The Price Is Right game show, players compete to win a prize, by placing bids on its price. We ask whether it is possible to achieve a “wisdom of the crowd” effect, by combining the bids to produce an aggregate price estimate that is superior to the estimates of individual players. Using data fro...

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Detalles Bibliográficos
Autores principales: Lee, Michael D., Zhang, Shunan, Shi, Jenny
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer-Verlag 2010
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3120971/
https://www.ncbi.nlm.nih.gov/pubmed/21264578
http://dx.doi.org/10.3758/s13421-010-0059-7