Robin_Hanson2 comments on The Error of Crowds - Less Wrong

13 Post author: Eliezer_Yudkowsky 01 April 2007 09:50PM

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Comment author: Robin_Hanson2 03 April 2007 12:34:32PM 2 points [-]

One would have a severe framing problem if one adopted a rule that one's estimate of X should be the average across people of their estimates, E[X]. This is because a translation of variables to F(X) might be just as natural a way to describe one's estimates, but as Eliezer points out, E[F(X)] usually differs from F(E[X]). So I think it makes more sense to average probabilities, rather than point estimates.