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Thus, the crowd needs to be independent but also diversified, in order to allow a variety of answers. The answers on the ends of the spectrum will cancel each other, allowing the wisdom of the crowd phenomena to take its place. Another caveat is that individual probability judgments are often biased toward extreme values (e.g., 0 or 1).
The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group.
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Wisdom of the crowd is the collective perception of a group of people. Wisdom of the crowd may also refer to: The Wisdom of Crowds, a book by James Surowiecki; Wisdom of the Crowd, a TV series; The Wisdom of Crowds, a book of The Age of Madness trilogy by Joe Abercrombie
Wikipedia [c] is a free-content online encyclopedia written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and the wiki ...
Stadium Capacity City (state) Country Region Tenants Sport(s) Image Narendra Modi Stadium [1]: 132,000 [2] [3]: Ahmedabad, Gujarat India South Asia: India national cricket team, India women's national cricket team, Gujarat Titans, Gujarat cricket team
The larger the crowd of editors the more this becomes apparent and thus our evidence of consensus is clearer. The wisdom of the crowd can make itself known. While consensus is formed through discussions not votes on Wikipedia there's a point where the discussion ends or becomes repetitive.
Below is an alphabetical list of widely used and repeated proverbial phrases. If known, their origins are noted. A proverbial phrase or expression is a type of conventional saying similar to a proverb and transmitted by oral tradition.