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List Price: $14.95Amazon.com's Price: $10.17 You Save: $4.78 (32%)Prices subject to change.
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Binding: Paperback
Dewey Decimal Number: 303.38
EAN: 9780385721707
ISBN: 0385721706
Label: Anchor
Manufacturer: Anchor
Number Of Items: 1
Number Of Pages: 336
Publication Date: August 16, 2005
Publisher: Anchor
Release Date: August 16, 2005
Sales Rank: 1283
Studio: Anchor
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Editorial Review:
Product Description:
In this fascinating book, New Yorker business columnist James Surowiecki explores a deceptively simple idea: Large groups of people are smarter than an elite few, no matter how brilliant–better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.
With boundless erudition and in delightfully clear prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, behavioral economics, artificial intelligence, military history, and politics to show how this simple idea offers important lessons for how we live our lives, select our leaders, run our companies, and think about our world.
Average Rating: 
Rating:  -
Surowiecki's The Wisdom of Crowds documents and analyzes an extremely important phenomenon. When people guess at a question to which nearly no one knows the answer but most people can make a sensible guess (e.g., what proportion of the world's airports are in the USA; how many marbles can fit into a box that is a meter on each side) the average of a large group is nearly always more accurate than the guess of any member of that group. Moreover, the more people involved, the more accurate the average ... Read More
Rating:  -
Makes the argument that groups of people, apprropriately diversified and independent, can make better decisions than even the smartest individuals in the group most of the time, when their individual ideas, votes, or guesses are properly aggregated.
If it seems like I've used too many qualifiers in summarizing the argument, so does the author in making the argument. Some of the arguments are intriguing, but not all of them are convincing, and in the second half of the book he spends more ... Read More
Rating: -
I borrowed this book from the local library. I just finished it yesterday. It is a really quick read. I liked how the author used "real world" examples to illustrate his point. I plan to apply many of these techniques into my own business.
Rating: -
I read this for a MBA class. Out of the stack of books assigned, so far, this is the only one I liked. It is relevant to today's curious questions of how to get crowds engaged, how crowds behave, and why we even care.
I'm trying to teach people to work collaboratively together at work. They "think" they already are doing this but the author gives me new ideas on how to further their participation in team work. I find that in corporate america, people contribute mostly in their assigned ... Read More
Rating: -
I love books that take a new and unique idea, thoroughly research and expand the idea, and then present the findings in an entertaining, though-provoking way.
The Wisdom of Crowds is one such book. Other recent titles that have achieved the same type of cult following for presenting unique hypotheses include The Tipping Point, Blink and The 4 Hour Work Week.
You know the old saying, if you always do what you've always done, you'll always get what you always got, and in the current ... Read More
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