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THE WISDOM OF CROWDS: READ MORE ON IGNORELANDS' WEBLOG

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THE WISDOM OF CROWDS: READ MORE ON IGNORELANDS' WEBLOG



Monday, 28 July 2008 Quite unbeliavable, but it seems that experts are regularly "beaten" by a common crowd when committed to produce an extimation or conjecture. James Surowiecki deeply explains this theory in his wonderful book "The wisdom of crowds" - which we highly recommend to your attention. You can visit the Iowa Electronic Markets website www.biz.uiowa.edu/iem to introduce yourself to the matter... http://ignorelands.wordpress.com