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Could it be as simple as not enough people really engage in the prediction market as they do on Twitter? In particular, the diversity of people engaging in Twi
by rajat 17y ago
Could it be as simple as not enough people really engage in the prediction market as they do on Twitter? In particular, the diversity of people engaging in Twitter is probably far greater. The ability to make accurate prediction relies primarily on sufficient diversity, especially when it's something as mass market as a movie. I know, of the people I regularly encounter, probably around 30% tweet, and less than 1% engage in any kind of a prediction market.
I hadn't even heard of the Hollywood Stock Exchange until now.