- Phil also published Expert Political Judgment: How Good is It? How Can We know? It is an excellent read about the good, the bad, and the ugly of punditry and political prediction. Highly recommend both of these books. https://t.co/W0cieRISYP
- @pmarca @sriramk @aarthir @GoodTimeShowAS @pmarca book #1 on predictive markets and why listening to experts in times of dramatic change might not be prudent. Expert Political Judgment: How Good Is It? How Can We Know? - New Edition by ... https://t.co/HapRJqqiyg via @amazon
- .@PTetlock also wrote the book, Expert Political Judgment: How Good Is It? How Can We Know? This is a must read exploration on the good and bad of deep subject matter expertise. 10/16 https://t.co/IMYffSjJGV
- Book 19 Lesson: To improve judgement, draw on information from non-redundant sources and update your beliefs as you encounter unexpected evidence. https://t.co/VbHsK79YvC
Since its original publication, Expert Political Judgment by New York Times bestselling author Philip Tetlock has established itself as a contemporary classic in the literature on evaluating expert opinion. Tetlock first discusses arguments about whether the world is too complex for people to find the tools to understand political phenomena, let alone predict the future. He evaluates predictions from experts in different fields, comparing them to predictions by well-informed laity or those based on simple extrapolation from current trends. He goes on to analyze which styles of thinking are more successful in forecasting. Classifying thinking styles using Isaiah Berlin's prototypes of the fox and the hedgehog, Tetlock contends that the fox--the thinker who knows many little things, draws from an eclectic array of traditions, and is better able to improvise in response to changing events--is more successful in predicting the future than the hedgehog, who knows one big thing, toils devotedly within one tradition, and imposes formulaic solutions on ill-defined problems. He notes a perversely inverse relationship between the best scientific indicators of good judgement and the qualities that the media most prizes in pundits--the single-minded determination required to prevail in ideological combat. Clearly written and impeccably researched, the book fills a huge void in the literature on evaluating expert opinion. It will appeal across many academic disciplines as well as to corporations seeking to develop standards for judging expert decision-making. Now with a new preface in which Tetlock discusses the latest research in the field, the book explores what constitutes good judgment in predicting future events and looks at why experts are often wrong in their forecasts.