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{
    "pk": 25908,
    "title": "Wisdom of Randomly Assembled Small Crowds",
    "subtitle": null,
    "abstract": "Policy decisions on political, economic, legal, and health issues are often made by groups that rarely exceed 40\nmembers and are typically much smaller. Given that wisdom is usually attributed to large crowds, should committees be larger?\nUsing computer simulations and mathematical analyses we show that group accuracy, averaged across the range of difficulty\nthat would be encountered in real-world tasks, is often maximized for moderate-sized groups. The result holds whenever\nthe accuracy in easy tasks is above chance more than the accuracy in difficult tasks is below chance and the easy tasks are\nencountered more often. Note that for the result to hold, it is not necessary to assume selective sampling of group members\naccording to their individual accuracy. A smaller committee that would produce more accurate decisions in our model can\nsimply be selected randomly out of a larger group of experts.",
    "language": "eng",
    "license": {
        "name": "",
        "short_name": "",
        "text": null,
        "url": ""
    },
    "keywords": [],
    "section": "Member Abstracts",
    "is_remote": true,
    "remote_url": "https://escholarship.org/uc/item/9032r52s",
    "frozenauthors": [
        {
            "first_name": "Mirta",
            "middle_name": "",
            "last_name": "Galesic",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development & Santa Fe Institute",
            "department": ""
        },
        {
            "first_name": "Daniel",
            "middle_name": "",
            "last_name": "Barkoczi",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        },
        {
            "first_name": "Konstantinos",
            "middle_name": "",
            "last_name": "Katsikopoulos",
            "name_suffix": "",
            "institution": "Max Planck Institute for Human Development",
            "department": ""
        }
    ],
    "date_submitted": null,
    "date_accepted": null,
    "date_published": "2015-01-01T18:00:00Z",
    "render_galley": null,
    "galleys": [
        {
            "label": "PDF",
            "type": "pdf",
            "path": "https://journalpub.escholarship.org/cognitivesciencesociety/article/25908/galley/15532/download/"
        }
    ]
}