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    The Wisdom of Crowds: Why the Many are Smarter Than the Few and How Collective Wisdom Shapes Business, Economics, Society and Nations (Abacus) (Paperback) By (author) James Surowiecki

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    DescriptionIn 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'.


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  • Full bibliographic data for The Wisdom of Crowds

    Title
    The Wisdom of Crowds
    Subtitle
    Why the Many are Smarter Than the Few and How Collective Wisdom Shapes Business, Economics, Society and Nations
    Authors and contributors
    By (author) James Surowiecki
    Physical properties
    Format: Paperback
    Number of pages: 320
    Width: 126 mm
    Height: 194 mm
    Thickness: 24 mm
    Weight: 259 g
    Language
    English
    ISBN
    ISBN 13: 9780349116051
    ISBN 10: 0349116059
    Classifications

    Warengruppen-Systematik des deutschen Buchhandels: 27850
    BIC E4L: BUS
    Nielsen BookScan Product Class 3: S4.0T
    BIC subject category V2: KJU, KJG
    Libri: ENGM8000
    BISAC V2.8: SOC026000
    DC22: 302.35
    BISAC V2.8: BUS016000
    Libri: PSYC6092, MASS4000
    Publisher
    Little, Brown Book Group
    Imprint name
    Abacus
    Publication date
    03 March 2005
    Publication City/Country
    London
    Author Information
    James Surowiecki is a columnist for the NEW YORKER. This is his first book.
    Review quote
    A bright and lucid columnist for THE NEW YORKER ... [Surowiecki] knows how to make a convincing, sometimes entertaining case SUNDAY TIMES Erudite and entertaining ... he has a rare gift for combining rigorous thought with entertaining examples FINANCIAL TIMES Dazzling ... will turn your world upside down. It's an adventure story, a manifesto, and the most brilliant book on business, society and everyday life that I've read in years Malcolm Gladwell, author of THE TIPPING POINT A handsome addition to the books that combine the verve of smart magazine writing with a whiff of academia ...a fantastically stylish counter to the expert-knows-best line ... an offbeat argument for democracy. In the future, "crowd pleaser" might no GQ