<![CDATA[Did Economists Correctly Predict Who Would Win In Beijing?]]>

1.0 link 121227 <![CDATA[Did Economists Correctly Predict Who Would Win In Beijing?]]> http://www.huffingtonpost.com/2008/08/25/did-economists-correctly_n_121227.html Before the opening ceremony of the Beijing Olympics, I wrote about economic models that aimed to pre-empt thousands of hours of television coverage, sappy features, and tape-delayed tension. John Hawksworth of PriceWaterhouseCoopers and Andrew Bernard of Dartmouth's Tuck School of Business both aimed to predict national medal hauls based on factors like home-field advantage, the size and growth of national economies, and past political affiliations. (You can check out the PriceWaterhouseCoopers projection here and the 2008 Bernard projection here.)

So how...

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