In The Wisdom of Crowds: Why the Many Are Smarter Than the Few, James Surowiecki explores the idea that large groups of people often make better decisions than small groups of experts. Drawing on examples from business, politics, science, and everyday life, he explains how diversity of opinion, independence, and decentralization can lead to remarkably accurate collective judgments. Written with clarity and insight, the book reveals how harnessing group intelligence can improve problem-solving, forecasting, and decision-making in almost any field.
Technical details:
• Pages: 295 (paperback edition)
• Publication year: 2005 (paperback edition)
• Publisher: Abacus / Hachette Group (UK)
• Language: English