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Thursday, September 4, 2008

The Difference MSM Makes in Recession Perception

The chart below illustrates the extent to which the mainstream media in the U.S. influenced the public's perception of the probability that the U.S. fall into an economic recession in 2008:



Difference in Predicted Probabilities of US Recession Between Media-Influenced Prediction Market and Objective (Non-Media Influenced) Method

We've incorporated the chart above into our original post on the topic. What can we say? Sometimes we get just a bit ahead of ourselves!...

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