TY - GEN
T1 - The wisdom of crowds
T2 - 47th Hawaii International Conference on System Sciences, HICSS 2014
AU - Wagner, Christian
AU - Suh, Ayoung
PY - 2014
Y1 - 2014
N2 - We explore the performance of collectives on judgments tasks along two dimensions: crowd-size and expertise transferability. Based on an experimental investigation of the judgment ability of 478 subjects and sub-samples thereof, we identify that crowd-size matters, but only within limits. We also identify limited transferability of expertise, largely based on an anchor-and-adjust heuristic. Collective size and expertise transfer effects are moderated by task difficulty and are strongest for tasks in a medium difficulty range.
AB - We explore the performance of collectives on judgments tasks along two dimensions: crowd-size and expertise transferability. Based on an experimental investigation of the judgment ability of 478 subjects and sub-samples thereof, we identify that crowd-size matters, but only within limits. We also identify limited transferability of expertise, largely based on an anchor-and-adjust heuristic. Collective size and expertise transfer effects are moderated by task difficulty and are strongest for tasks in a medium difficulty range.
UR - https://www.scopus.com/pages/publications/84902276370
U2 - 10.1109/HICSS.2014.80
DO - 10.1109/HICSS.2014.80
M3 - Conference contribution
AN - SCOPUS:84902276370
SN - 9781479925049
T3 - Proceedings of the Annual Hawaii International Conference on System Sciences
SP - 594
EP - 603
BT - Proceedings of the 47th Annual Hawaii International Conference on System Sciences, HICSS 2014
PB - IEEE Computer Society
Y2 - 6 January 2014 through 9 January 2014
ER -