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020 _a9780349117072
082 _a303.38
_bSUR
100 _aSurowiecki, James
_917260
245 _aThe wisdom of crowds:
_bwhy the many are smarter than the few
260 _aLondon
_bAbacus
_c2005
300 _axxiv, 370 p.
365 _aINR
_b255.00
520 _aIn this landmark work, NEW YORKER columnist James Surowiecki explores a seemingly counter-intuitive idea that has profound implications. Decisions taken by a large group, even if the individuals within the group aren’t smart, are always better than decisions made by small numbers of ‘experts’. This seemingly simply notion has endless and major ramifications for how businesses operate, how knowledge is advanced, how economies are (or should be) organised and how nation-states fare. With great erudition, Surowiecki ranges across the disciplines of psychology, economics, statistics and history to show just how this principle operates in the real world. Along the way Surowiecki asks a number of intriguing questions about a subject few of us actually understand – economics. What are prices? How does money work? Why do we have corporations? Does advertising work? His answers, rendered in a delightfully clear prose, demystify daunting prospects. As Surowiecki writes: ‘The hero of this book is, in a curious sense, an idea, a hero whose story ends up shedding dramatic new light on the landscapes of business, politics and society’. (https://www.littlebrown.co.uk/titles/james-surowiecki/the-wisdom-of-crowds/9780349116051/)
650 _aConsensus
_917261
650 _aDemocracy
942 _2ddc
_cBK
999 _c7040
_d7040