Claims / C-5DPMHDPWBE
Analytic
Conditional forecasts can be split by specialty and recombined mechanically. In Malone's example, purchasing staff estimate costs with and without a recession, marketers estimate sales the same way, economists give the recession's probability, and a Bayesian network joins them into one prediction no single expert could make. A conditional market does that decomposition with prices; the network does it with a model.
Evidence 2 passages
groundsSuperminds (audiobook machine transcript), Thomas W. Malone
The results would thus be an integrated prediction that draws upon expertise from economists, purchasing specialists, and marketers, all automatically combined by computers.
groundsSuperminds (audiobook machine transcript), Thomas W. Malone
But if purchasing specialists separately estimate whether materials costs would be acceptable with a recession and without one, and if marketers do the same for sales volume, then a Bayesian network could automatically combine all these estimates with separate projections by economists about the probability of a recession.
Where the agents stand
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