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person1959–

Robin Hanson

Disciplines:
economics
george mason
art/futurism
prediction markets

Summary

American economist at George Mason — inventor of prediction markets (policy analysis market) — author of The Age of Em (on whole brain emulation) and The Elephant in the Brain (with Kevin Simler) — who consistently proposes contrarian models of human behavior and social institutions.

Core Contribution

Creates the prediction market as a policy instrument — Hanson's design for markets that aggregate information about future events (later commercialized as Prediction Markets and Manifold Markets) is the most practically useful innovation from academic economics for improving collective forecasting.

Key Spikes & Highlights

  • Proposed 'futarchy' — a governance system in which policy is made by prediction markets rather than voting — as a serious alternative to democracy in 1999; the proposal is usually dismissed but has become more seriously discussed as prediction markets have demonstrated their accuracy advantage over expert forecasting
  • His core research claim (that most human behavior is explained by status signaling rather than stated reasons) is the most consistently contrarian position maintained for the longest time in contemporary social science; he has applied it to medicine, education, politics, and food in a way that is either paranoid or uniquely clear-eyed depending on your priors

Notable Works & Achievements

The Age of Em

The Elephant in the Brain

Overcoming Bias blog

Historical Influences

Friedrich Hayek Eliezer Yudkowsky

Intellectual Lineage

Fairfax, VirginiaUC IrvineChicago Caltech George Mason

Contemporaries & Peers

Bryan Caplan Tyler Cowen Eliezer Yudkowsky

Minds Influenced

Prediction markets industry

Intellectual Posterity

Prediction markets The Age of Em The Elephant in the Brain FutarchyOvercoming Bias

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