Construct · 1 fields · 1 citations

wisdom of crowds: a standalone construct

One name. One construct. A landmark on the map.

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Decision science

the observation that the aggregate of many independent individual estimates can be strikingly accurate.

In decision science, wisdom of crowds refers to the observation that the aggregate of many independent individual estimates can be strikingly accurate. This meaning comes from Galton (1907) in Nature.[1]

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Nearby constructs

aggregate3 fields · 6 citationsjingle · one word, three constructs observation2 fields · 2 citationsjingle · one word, two constructs wisdom1 fields · 1 citationsanchor · a standalone construct

References

Galton, F. (1907). Vox Populi. Nature, 75(1949), 450-451. https://doi.org/10.1038/075450a0

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