Harnessing the wisdom of the inner crowd (2014)
Authors
Abstract
Ever since Galton's classic demonstration of the wisdom of crowds in estimating the weight of a slaughtered ox, scholars of the mind and the public alike have been fascinated by the counterintuitive accuracy achieved by simply averaging a number of people's estimates. Surprisingly, individuals can, to some extent, harness the wisdom of crowds within the confines of their own mind by averaging self-generated, nonredundant estimates.
Bibliographic entry
Herzog, S. M., & Hertwig, R. (2014). Harnessing the wisdom of the inner crowd. Trends in Cognitive Sciences, 18, 504-506. doi:10.1016/j.tics.2014.06.009 (Full text)
Miscellaneous
| Publication year | 2014 | |
|---|---|---|
| Document type: | Article | |
| Publication status: | Published | |
| External URL: | http://dx.doi.org/10.1016/j.tics.2014.06.009 View | |
| Categories: | ||
| Keywords: | crowd withindialectical bootstrappingestimationinner crowdjudgment aggregationjudgments under uncertaintywisdom of crowds |