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The wisdom of crowds : why the many are smarter than the few and how collective wisdom shapes business, economies, societies, and nations

Author: James Surowiecki
Publisher: New York : Doubleday, 2004.
Edition/Format:   Book : English : 1st edView all editions and formats
Database:WorldCat
Summary:
In this book, New Yorker columnist Surowiecki explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant--better at solving problems, fostering innovation, coming to wise decisions, even predicting the future. This seemingly counterintuitive notion has major ramifications for how businesses operate, how knowledge is advanced, how  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: James Surowiecki
ISBN: 0385503865 9780385503860 0316861731 9780316861731
OCLC Number: 54022622
Description: xxi, 296 p. ; 22 cm.
Contents: Wisdom of crowds --
Difference difference makes: waggle dances, the Bay of Pigs, and the value of diversity --
Monkey see, monkey do: imitation, information cascades, and independence --
Putting the pieces together: the CIA, Linux, and the art of decentralization --
Shall we dance?: coordination in a complex world --
Society does exist: taxes, tipping, television, and trust --
Traffic: what we have here is a failure to coordinate --
Science: collaboration, competition, and reputation --
Committees, juries, and teams: the Columbia disaster and how small groups can be made to work --
Company: meet the new boss, same as the old boss? --
Markets: beauty contests, bowling alleys, and stock prices --
Democracy: dreams of the common good --
Acknowledgments --
Notes.
Responsibility: James Surowiecki.
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Abstract:

In this book, New Yorker columnist Surowiecki explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant--better at solving problems, fostering innovation, coming to wise decisions, even predicting the future. This seemingly counterintuitive notion has major ramifications for how businesses operate, how knowledge is advanced, how economies are (or should be) organized and how we live our daily lives. With seemingly boundless erudition and in clear, entertaining prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, economic behaviorism, artificial intelligence, military history and political theory to show just how this principle operates in the real world.--From publisher description.

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Perhaps give the "masses" more credit

by bhelling (WorldCat user published 2005-10-27) Very Good Permalink
It goes against what we have been taught and against even our sense of individualism, I suppose, to admit that "the many are smarter than the few," as James Surowiecki contends. Nevertheless, the author writes well and entertainingly; any reader will be tempted by the interesting themes and varied anecdotes....
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