Comments on: Diversity, Aggregation, Incentives http://thefuturebuzz.com/2009/11/02/diversity-aggregation-incentives/?utm_source=rss&utm_medium=rss&utm_campaign=diversity-aggregation-incentives Adam Singer on digital marketing and online PR Wed, 08 Feb 2012 08:59:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark Wanczak http://thefuturebuzz.com/2009/11/02/diversity-aggregation-incentives/#comment-27025 Mark Wanczak Mon, 02 Nov 2009 17:22:13 +0000 http://thefuturebuzz.com/?p=5601#comment-27025 Mauboussin's take on the reliability of crowds over individuals can be traced back to the 19th century and Francis Galton, who discovered the same thing while at a county fair. For more on that theory, you may want to check out "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. Mauboussin’s take on the reliability of crowds over individuals can be traced back to the 19th century and Francis Galton, who discovered the same thing while at a county fair.

For more on that theory, you may want to check out “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.

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