The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations

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Click for availability and more information The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, by James Surowiecki

Author James Surowieckiuses several real-life examples to explain how a wide sampling of individuals acting with their own interests at heart very often come to better decisions than even the smartest "experts" when addressing problems of cognition, coordination, and cooperation. Backed up with plenty of data, but written in plain English, this book shows just how important it is to promote diversity of opinion, and avoid the pitfalls of "groupthink" - where minority opinions are drowned out by a single strong opinion - an all too common phenomenon in our hierarchical business and political organizations.
-Rick

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This page contains a single entry published on December 2, 2005 5:11 PM.

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