The wisdom of crowds : why the many are smarter than the few and how collective wisdom shapes business, economies, societies, and nations / James Surowiecki Surowiecki, James, 1967-

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Author
Surowiecki, James, 1967-
Subjects
Consensus - Social sciences.; Group decision making.; Society
Audience
General; Adult
Summary
In this book, New Yorker columnist Surowiecki explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant--better at solving problems, fostering innovation, coming to wise decisions, even predicting the future. This seemingly counterintuitive notion has major ramifications for how businesses operate, how knowledge is advanced, how economies are (or should be) organized and how we live our daily lives. With seemingly boundless erudition and in clear, entertaining prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, economic behaviorism, artificial intelligence, military history and political theory to show just how this principle operates in the real world.--From publisher description.
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Wikipedia
Read associated articles: Dumb agent theory, Iowa Electronic Markets, James Surowiecki, Richard Grasso, The Wisdom of Crowds, We Are Smarter Than Me, Wisdom of the crowd
Bookmark
http://trove.nla.gov.au/work/9923304
Work ID
9923304

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