Extracting the Wisdom of Crowds When Information Is Shared

Published on Feb 21, 2019in Management Science3.935
· DOI :10.1287/MNSC.2018.3047
Asa Palley4
Estimated H-index: 4
(IU: Indiana University),
Jack B. Soll17
Estimated H-index: 17
(Duke University)
Sources
Abstract
Using the wisdom of crowds—combining many individual judgments to obtain an aggregate estimate—can be an effective technique for improving judgment accuracy. In practice, however, accuracy is limit...
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