The Wisdom of Crowds: The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations

Surowiecki, J. (2004) The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations New York: Random House

The author argues that the aggregation of information in groups through diverse collections of independently-deciding individuals can result in decisions that are often better than could have been made by any single member of the group.

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