Thursday, 26 January 2017

Better wisdom from the crowd

The ‘wisdom of the crowd’ can be better extracted by asking two questions: What someone thinks the right answer is, and what they think popular opinion will be. The variation between the two aggregate responses indicates the correct answer, according to MIT’s Sloan Neuroeconomics Lab which worked with Princeton University. “In situations where there is ...

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from Electronics Weekly http://www.electronicsweekly.com/news/research-news/better-wisdom-crowd-2017-01/

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