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.
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.
posted by Manel Baucells at 2:44 AM
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