gwern comments on Self-Congratulatory Rationalism - Less Wrong
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It would be interesting to conduct an experiment to compare the two methods for this problem. However, it is not clear how to obtain a ground truth with which to judge the correctness of the results. BTW, my further elaboration, with the example of one referee knowing that the paper under discussion was already published, was also non-fictional. It is not clear to me how any decision method that does not allow for sharing of evidence can yield the right answer for this example.
What have Delphi methods been found to perform well relative to, and for what sorts of problems?