Focus on : The wisdom of crowds
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Focus on : The wisdom of crowds
Is there a wisdom of crowds ?
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4 Ideas for Crowdsourcing Content Creation and Promotion

4 Ideas for Crowdsourcing Content Creation and Promotion | Focus on : The wisdom of crowds | Scoop.it
Consider these 4 questions to help gauge how effectively you use crowdsourcing in your content creation and promotion efforts. If you can't answer yes to all of them, you may be missing out on oppo...
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The Wisdom of Crowds - Wikipedia, the free encyclopedia

The Wisdom of Crowds - Wikipedia, the free encyclopedia | Focus on : The wisdom of crowds | Scoop.it

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. The book presents numerous case studies and anecdotes to illustrate its argument, and touches on several fields, primarily economics and psychology.

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The wisdom of crowds

The wisdom of crowds | Focus on : The wisdom of crowds | Scoop.it

IMAGINE that you are French. You are walking along a busy pavement in Paris and another pedestrian is approaching from the opposite direction. A collision will occur unless you each move out of the other’s way. Which way do you step?

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Ignoring the Wisdom of Crowds | A Smart Bear

Ignoring the Wisdom of Crowds | A Smart Bear | Focus on : The wisdom of crowds | Scoop.it

Let’s start with some fascinating, unassailable facts. Then we’ll assail them. 

In 2007 Michael Mauboussin presented a big jar of jelly beans to his seventy-three Columbia Business School students. How many beans did they think it contained?

Guesses ranged from 250 to 4,100; the actual number was 1,116. The average error was 700 — a massive 62% — demonstrating that the students were awful estimators.

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Why Would You Ever Give Money Through Kickstarter?

Why Would You Ever Give Money Through Kickstarter? | Focus on : The wisdom of crowds | Scoop.it
The success of crowdfunding sites defies the rules of supply and demand — which is why we can learn so much from them.
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RSA Animate - The Secret Powers of Time

Professor Philip Zimbardo conveys how our individual perspectives of time affect our work, health and well-being. Time influences who we are as a person, how...
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NOVA scienceNOW | Wisdom of the Crowds | PBS

http://www.pbs.org/nova/sciencenow Ask enough people to estimate something, and the average of all their guesses will get you surprisingly close to the right...
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BBC News - Should we trust the wisdom of crowds?

BBC News - Should we trust the wisdom of crowds? | Focus on : The wisdom of crowds | Scoop.it
A problem shared is a problem halved, goes the old saying. But what happens if you share a problem with millions of people? Are you left with a millionth of a problem? Or just lots of rubbish suggestions?
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Knowledgeable individuals protect the wisdom of crowds | Not Exactly Rocket Science | Discover Magazine

Knowledgeable individuals protect the wisdom of crowds | Not Exactly Rocket Science | Discover Magazine | Focus on : The wisdom of crowds | Scoop.it
Decision-making | If you ask someone to guess the number of sweets in a jar, the odds that they’ll land upon the right number are low – fairground raffles rely on that inaccu...
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