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The Wisdom of Crowds

by James Surowiecki

Why groups can be smarter than experts

2004Fast paceLight

What it is about

James Surowiecki argues that under the right conditions, large groups can make better decisions than individual experts. Diversity, independence and decentralization matter. He gives examples from stock markets to Google.

Who will enjoy it

Readers who like popular social science.

What you will get

Its conditions for group wisdom are important to the argument.

The Wisdom of Crowds Facts: Pages, Genre and Setting

Genre

Nonfiction · Groups · Decisions · Markets

Length

296 pages · ≈ 8 h

More about this book

Characters

James Surowiecki.

Setting

Markets, juries and teams.

What makes it different

A readable argument with many examples.

Feel

Clear, lively and optimistic.

About James Surowiecki

James Surowiecki1 book on Tori BooksAmerican journalist. The Wisdom of Crowds appeared in 2004.

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