Monday, April 03, 2006

Book Recommendation: The Wisdom of Crowds

Author: James Surowiecki
The basic idea of this book is that groups of people often make better decisions than individuals, even if these individuals are experts. Surowiecki makes his argument with a number of different examples, from democracy to the stock market. He also explains the instances where group decision-making processes go wrong, and what can be done to ameliorate them.


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March 12, 2013  

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