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Latest Wisdom of the crowd Stories

2013-05-13 23:04:03

A new analysis by University of California-Irvine Professor Michael Lee used recently published algorithms to determine that the combined opinions of Ranker users predict recent celebrity deaths better than individual users, chance, or age. Los Angeles, CA (PRWEB) May 13, 2013 At the end of each year, there are usually media stories that compile lists of famous people who have passed away. These lists usually cause us to pause and reflect. Lists like Celebrity Death Pool 2013 on Ranker,...

2011-06-14 22:49:45

Researchers have developed a new method of eliciting and analyzing opinions from a large group of experts and laypeople to aid complex decision-making, adapting online and social media technologies to lower the cost of such activities while expanding the types of people who can be queried. The system, called ExpertLens, incorporates elements of such well-known approaches as the Delphi method, the Nominal Group Technique and crowdsourcing that are used to collect opinions about problems or to...

2010-11-15 21:20:00

Point spreads"”the number of points by which a strong team can be expected to defeat a weaker team"”are supposed to reflect the "wisdom of crowds." But a new study in the Journal of Consumer Research found that crowds don't have a clue. "Point spread betting markets seem to offer an important example of crowd wisdom, because point spreads are very accurate and are widely believed to reflect the 'crowd's' prediction of upcoming sporting events," write authors Joseph P. Simmons...


Word of the Day
bellycheer
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".
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