Prediction Tools

I saw this list of prediction tools and can’t resist blogging about it. The creator of the list, Ian Ayres, just  wrote a  book entitled  "Super Crunchers" that I read about on EconLog. Given the discussions about qualitative subjective risk assessments versus quantitative objective ones, it was interesting to read about similar challenges in other areas.

On a related note, Overcoming Bias has a great post about the availability heuristic and how it relates to risk assessment. The author mentions the classic paper by Slovic, et. al. "Judged Frequency of Lethal Events."

Finally, this post fits in here somewhere as well… I think. In any case, it is a good post.