WISDOM OF THE CROWD: CROWDSOURCING ANALYTICS

EC2017 Volume 10

Richard G. McGrath, Volume Co-editor

Scott E. Page, Volume Co-editor

Yael Grushka-Cockayne, Volume Co-editor

Anne G. Robinson, Series Editor

Whether it is crowdsourcing, prediction markets, inducement prize problem-solving contests, or citizen science, there exist many methods that attempt to find or improve solutions to problems by utilizing the contributions of many diverse individuals. In other words, they leverage the “wisdom of the crowd” to address the growing challenges we face as a society. These techniques underlie the study of collective intelligence, which combines diverse ideas, information, procedures, and technologies to produce better predictions, strategies, and outcomes. Read more.