The Wisdom of Crowds
Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations (Random House Large Print)
by James Surowiecki
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In this fascinating book, New Yorker business columnist James Surowiecki explores a deceptively simple idea: 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.
Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, behavioral economics, artificial intelligence, military history, and politics to show how this simple idea offers important lessons for how we live our lives, select our leaders, run our companies, and think about our world.
The story is told of the first observations of this effect, through to anecdotes of the effect in modern economics and psychology. The book not heavy on statistics, and has prompted much research since its publication.
The title is an allusion to the famous phrase, the "madness of crowds".
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Subjects
Sociology, Common good, Business, Group decision making, Nonfiction, Consensus (Social sciences), Large type books, New York Times reviewed, Group Processes, Consensus, Decision Making, Problem Solving, Gemeinwohl, Entscheidungsfindung, Gruppenentscheidung, Rationalität, Herdentrieb, Massenpsychologie, Konsens, Jc328.2 .s87 2005, Hm 746 s961w 2005, 303.3/8
Book Details
First Sentence
"If, years hence, people remember anything about the TV game show Who Wants to Be a Millionaire?, they will probably remember the contestants' panicked phone calls to friends and relatives."
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- Created April 29, 2008
- 10 revisions
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| December 10, 2022 | Edited by ImportBot | import existing book |
| December 8, 2020 | Edited by MARC Bot | import existing book |
| July 15, 2019 | Edited by MARC Bot | import existing book |
| April 29, 2011 | Edited by OCLC Bot | Added OCLC numbers. |
| April 29, 2008 | Created by an anonymous user | Imported from amazon.com record |