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Hollywood Stock Exchange is extremely effective with play money but that is because the people playing on the site are all part of the same industry and there a
by mhil 17y ago
Hollywood Stock Exchange is extremely effective with play money but that is because the people playing on the site are all part of the same industry and there are actual ego issues and incentives to make it to the top of the leaderboard.
- gwern 17y agoSure; the article covers exactly this - you can get by without money incentives if you have good social incentives. Predictify lacked the latter and the former, and the top comment seemed to forget this important conditional.