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Trial by jury can be understood as at least partly relying on wisdom of the crowd, compared to bench trial which relies on one or a few experts. In politics, sometimes sortition is held as an example of what wisdom of the crowd would look like. Decision-making would happen by a diverse group instead of by a fairly homogenous political group or ...
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.
In this clip, Kahneman and I discusses the idea of the "wisdom of crowds." Have. Last month, I interviewed psychologist Daniel Kahneman, who won the Nobel Prize in economics in 2002 and recently ...
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
Or the fact that there is not a consensus will become clear by relatively equal number of editors coalescing around differing options. 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 ...
An individual in a crowd is a grain of sand amid other grains of sand, which the wind stirs up at will. On education and egalitarianism: Foremost among the dominant ideas of the present epoch is to be found the notion that instruction is capable of considerably changing men, and has for its unfailing consequence to improve them and even to make ...
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