Expert Judgment: How Good Is It?

Title: Expert Political Judgment
Author(s): Philip E. Tetlock
Publisher: Princeton University Press
Pages: 352
Date: July 31, 2006

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Expert Predictions

Scholarly look at the failure of prediction by “experts”.  Turns out there is a strong relationship between TV exposure and erroneousness of predictions. The book, of course, suffers in its failure to go beyond numerical associations. One suspects there is a very strong selection bias in the individuals chosen as part of the comparisons. However, it does help us to avoid the easy trap of believing that an 'expert' knows more about many subjects, when in fact they probably know just as little as anyone else but are practiced in sounding authoritative from their one area of expertise.