orthonormal comments on New Year's Predictions Thread (2011) - Less Wrong

10 Post author: Kevin 02 January 2011 09:58AM

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Comment author: orthonormal 04 January 2011 07:34:09PM 0 points [-]

Oh, my own odds are lower than mattnewport's, just not low enough to call his estimate crazy.

Also, my bid-ask spread is pretty high if we're talking actual bets. I'd take the "yes" side at something like 10:1 odds, and the "no" side at 2:1 odds the other way. And I'd only feel morally comfortable betting the "yes" side in the context of a formal prediction market, where the positive externalities to having accurate odds would assuage my guilt about collecting in that case.