9781107630277-1107630274-Collective Wisdom: Principles And Mechanisms

Collective Wisdom: Principles And Mechanisms

ISBN-13: 9781107630277
ISBN-10: 1107630274
Edition: Reprint
Author: Landemore, Hélène
Publication date: 2014
Publisher: Cambridge University Press
Format: Paperback 420 pages
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Book details

ISBN-13: 9781107630277
ISBN-10: 1107630274
Edition: Reprint
Author: Landemore, Hélène
Publication date: 2014
Publisher: Cambridge University Press
Format: Paperback 420 pages

Summary

Acknowledged authors Landemore, Hélène wrote Collective Wisdom: Principles And Mechanisms comprising 420 pages back in 2014. Textbook and eTextbook are published under ISBN 1107630274 and 9781107630277. Since then Collective Wisdom: Principles And Mechanisms textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

Description

James Madison wrote, "Had every Athenian citizen been a Socrates, every Athenian assembly would still have been a mob." The contributors to this volume discuss and for the most part challenge this claim by considering conditions under which many minds can be wiser than one. With backgrounds in economics, cognitive science, political science, law, and history, the authors consider information markets, the Internet, jury debates, democratic deliberation, and the use of diversity as mechanisms for improving collective decisions. At the same time, they consider voter irrationality and paradoxes of aggregation as possibly undermining the wisdom of groups. Implicitly or explicitly, the volume also offers guidance and warnings to institutional designers.

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