The wisdom of ignorant crowds: Predicting sport outcomes by mere recognition

The collective recognition heuristic is a simple forecasting heuristic that bets on the fact that people’s recognition knowledge of names is a proxy for their competitiveness: In sports, it predicts that the better-known team or player wins a game. We present two studies on the predictive power of r...

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Bibliographic Details
Main Authors: Stefan M. Herzog, Ralph Hertwig, Julian N. Marewski, Rüdiger F. Pohl, Oliver Vitouch
Format: Article
Language:English
Published: Cambridge University Press 2011-02-01
Series:Judgment and Decision Making
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S1930297500002096/type/journal_article