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Publicly Available Published by De Gruyter Oldenbourg February 11, 2016

Meta-Induction and the Wisdom of Crowds

Christian J. Feldbacher
From the journal Analyse & Kritik

Abstract

In their paper on the influence of meta-induction to the wisdom of the crowd, Paul Thorn and Gerhard Schurz argue that adding meta-inductive methods to a group influences the group positively, whereas replacing independent methods of a group with meta-inductive ones may have a negative impact. The first fact is due to an improvement of average ability of a group, the second fact is due to an impairment of average diversity within a group by meta-induction. In this paper some critical remarks to meta-inductive group expansion and replacement are made. In particular it is stressed that both ability and diversity are of equal importance to a group's performance.

Online erschienen: 2016-2-11
Erschienen im Druck: 2012-11-1

© 2012 by Lucius & Lucius, Stuttgart

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