The relationship between crowd majority and accuracy for binary decisions
We consider the wisdom of the crowd situation in which individuals make binary decisions, and the majority answer is used as the group decision. Using data sets from nine different domains, we examine the relationship between the size of the majority and the accuracy of the crowd decisions. We find...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Society for Judgment and Decision Making
2017-07-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | http://journal.sjdm.org/17/17406/jdm17406.pdf |