Surowiecki, James
The Wisdom of Crowds
- ISBN 13:
- 9780349116051
- author:
- Surowiecki, James
- format:
- Paperback
- publisher:
- Abacus
- language:
- English
- Publication Year:
- 2005
- Pages:
- 320
- Dimensions:
- 19.8 x 12.9 x 2 centimetres (0.2
- Genre:
- Business ethics
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
The Wisdom of Crowds: Why the Many are Smarter Than the Few by James Surowiecki In this thought-provoking book, James Surowiecki explores a fundamental idea that challenges conventional wisdom. He argues that decisions made by large groups, even if the individuals involved are not experts, are often better than those made by smaller groups of 'experts'. This concept has far-reaching implications for how businesses operate, how knowledge is advanced, and how economies function. Surowiecki delves into the disciplines of psychology, economics, statistics, and history to illustrate how this principle operates in the real world. He also tackles fundamental questions about economics, such as how prices are determined and how money works, providing clear and concise answers. By examining the power of collective decision-making, Surowiecki sheds new light on the landscapes of business, politics, and society.
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