Matches in SemOpenAlex for { <https://semopenalex.org/work/W2896985711> ?p ?o ?g. }
Showing items 1 to 70 of
70
with 100 items per page.
- W2896985711 abstract "Swarm Intelligence (SI) is a natural phenomenon in which biological groups amplify their collective intelligence by forming dynamic systems. It has been studied extensively in bird flocks, fish schools, and bee swarms. In recent years, AI technologies have enabled networked human groups to form systems modeled on natural swarms. Referred to as Artificial Swarm Intelligence or ASI, this approach has been shown to significantly amplify the effective intelligence of human groups. The present study compares the predictive ability of ASI to Vegas betting markets when forecasting sporting events. Groups of average sports fans were required to forecast the outcome of 200 hockey games in the NHL league (10 games per week for 20 weeks). The expected win rate for Vegas favorites was 62% across the 200 games based on the published odds. The ASI system achieved a win rate of 85%. The probability that the ASI system outperformed Vegas by chance was very low (p = 0.006), indicating a significant result. Researchers also compared the ROI generated from two betting models: one that wagered weekly on the top Vegas favorite, and one that wagered weekly on the top ASI favorite. At the end of the 20-week period, the Vegas model generated a 41% financial loss, while the ASI model generated a 170% gain." @default.
- W2896985711 created "2018-10-26" @default.
- W2896985711 creator A5050705257 @default.
- W2896985711 creator A5065607545 @default.
- W2896985711 date "2018-10-18" @default.
- W2896985711 modified "2023-09-25" @default.
- W2896985711 title "Artificial Human Swarms Outperform Vegas Betting Markets" @default.
- W2896985711 cites W1989764987 @default.
- W2896985711 cites W2094111527 @default.
- W2896985711 cites W2103015066 @default.
- W2896985711 cites W2120220258 @default.
- W2896985711 cites W2161650405 @default.
- W2896985711 cites W2549577419 @default.
- W2896985711 cites W2564801040 @default.
- W2896985711 cites W2794418030 @default.
- W2896985711 cites W2887118374 @default.
- W2896985711 cites W2963558290 @default.
- W2896985711 doi "https://doi.org/10.1007/978-3-030-02686-8_54" @default.
- W2896985711 hasPublicationYear "2018" @default.
- W2896985711 type Work @default.
- W2896985711 sameAs 2896985711 @default.
- W2896985711 citedByCount "0" @default.
- W2896985711 crossrefType "book-chapter" @default.
- W2896985711 hasAuthorship W2896985711A5050705257 @default.
- W2896985711 hasAuthorship W2896985711A5065607545 @default.
- W2896985711 hasConcept C119857082 @default.
- W2896985711 hasConcept C121332964 @default.
- W2896985711 hasConcept C127413603 @default.
- W2896985711 hasConcept C1276947 @default.
- W2896985711 hasConcept C144133560 @default.
- W2896985711 hasConcept C154945302 @default.
- W2896985711 hasConcept C158739034 @default.
- W2896985711 hasConcept C166957645 @default.
- W2896985711 hasConcept C181335050 @default.
- W2896985711 hasConcept C205649164 @default.
- W2896985711 hasConcept C207456731 @default.
- W2896985711 hasConcept C2993101906 @default.
- W2896985711 hasConcept C41008148 @default.
- W2896985711 hasConcept C42475967 @default.
- W2896985711 hasConceptScore W2896985711C119857082 @default.
- W2896985711 hasConceptScore W2896985711C121332964 @default.
- W2896985711 hasConceptScore W2896985711C127413603 @default.
- W2896985711 hasConceptScore W2896985711C1276947 @default.
- W2896985711 hasConceptScore W2896985711C144133560 @default.
- W2896985711 hasConceptScore W2896985711C154945302 @default.
- W2896985711 hasConceptScore W2896985711C158739034 @default.
- W2896985711 hasConceptScore W2896985711C166957645 @default.
- W2896985711 hasConceptScore W2896985711C181335050 @default.
- W2896985711 hasConceptScore W2896985711C205649164 @default.
- W2896985711 hasConceptScore W2896985711C207456731 @default.
- W2896985711 hasConceptScore W2896985711C2993101906 @default.
- W2896985711 hasConceptScore W2896985711C41008148 @default.
- W2896985711 hasConceptScore W2896985711C42475967 @default.
- W2896985711 hasLocation W28969857111 @default.
- W2896985711 hasOpenAccess W2896985711 @default.
- W2896985711 hasPrimaryLocation W28969857111 @default.
- W2896985711 hasRelatedWork W180471346 @default.
- W2896985711 hasRelatedWork W2148740464 @default.
- W2896985711 hasRelatedWork W2418849604 @default.
- W2896985711 hasRelatedWork W2582268762 @default.
- W2896985711 hasRelatedWork W2896985711 @default.
- W2896985711 hasRelatedWork W2916046391 @default.
- W2896985711 hasRelatedWork W3160244858 @default.
- W2896985711 hasRelatedWork W3186943837 @default.
- W2896985711 hasRelatedWork W3197848046 @default.
- W2896985711 hasRelatedWork W4200487251 @default.
- W2896985711 isParatext "false" @default.
- W2896985711 isRetracted "false" @default.
- W2896985711 magId "2896985711" @default.
- W2896985711 workType "book-chapter" @default.