April 2006

Luck, Markets and the Wisdom of Crowds: A Final Update on My Ncaa Basketball Brackets

Michael Giberson An update on my “Markets vs. Wisdom of Crowds” NCAA Men’s Basketball Tournament brackets. See the earlier discussion here. The Market bracket (based on Ticket Reserve fan forward prices) beat the Wisdom bracket (based on ESPN’s “national bracket” aggregation of 3 million plus entries submitted), with final scores in the ESPN tournament challenge …

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Has the Death of the Music Label Started? Depends on What Kind of Label You Mean

Lynne Kiesling This week is Music Week at KP; we’ll have content on the economics, politics, aesthetics, and culture of music. In part what inspires this week’s focus is some recent new music purchases I’ve made and some of their characteristics. These features indicate some pretty substantial changes in the economics of music creation and …

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