http://www.magnetdust.com/inic/ 2010-09-05T13:24:25+00:00 http://www.magnetdust.com/inic/ http://www.magnetdust.com/inic/lib/images/favicon.ico text/html 2007-12-12T16:48:40+00:00 http://www.magnetdust.com/inic/group_two:project_i?rev=1197478120 Prediction Markets General Information * Prediction Markets are Wisdom of Crowds in action * Amazing results in lots of applications: * Wikipedia * Social Bookmarking * → Internet in general What we learned so far * Basic theory: Condorcet Jury Theorem * Wikipedia: „where the average chance of a member of a voting group making a correct decision is greater than fifty percent the chance of the group as a whole making the correct decision will increase with the addition o… text/html 2007-12-13T18:08:09+00:00 http://www.magnetdust.com/inic/group_two:project_ii?rev=1197569289 The Brain General Facts * Control center of the central nervous system * Consists of three parts * Forebrain: Higher functions (thought, reason, abstraction) -> consciously controlled * Midbrain & Hindbrain: Lower functions (heartbeat, body temperature) -> unconsciously controlled