Bruce Bueno de Mesquita Uses Games To See the Future
parallel_prankster writes "Bruce Bueno de Mesquita is a professor of politics at New York University and a senior fellow at the Hoover Institution at Stanford University in California. In his new book, The Predictioneer (The Predictioneer's Game in the US), he describes a computer model based on game theory which he — and others — claim can predict the future with remarkable accuracy. The website also has a game page where he provides an online version of the game and information on how to play." The (semi-paywalled; may need to register) New Scientist has a story on de Mesquita, too; a snippet: "Over the past 30 years, Bueno de Mesquita has made thousands of predictions about hundreds of issues from geopolitics to personal problems. Overall, he claims, his hit rate is about 90 per cent."
Well, actually, they say 90%. From TFA:
According to research by the CIA, Bueno de Mesquita's model is more than 90 per cent accurate (British Journal of Political Science, vol 26, p 441).
Is that independent enough for you?
A neutral communications medium is essential. It is the basis of science, by which humankind should decide what is true.
His model seems to do well in cases where a relatively small number of people have significant influence on the outcome and since accurate predictions about the stock market require a model that both accurately predicts events in industry/production as well as the influence of large numbers of stockholders it probably wouldn't be wise to apply his model to that kind of situation; he even admits as much, that it's only good for fairly small groups.
Sigs are too short to say anything truly profound so read the above post instead.