Sounds like Occupy Santa Fe ..!  Not to mention the 4 tools of the Spanish
Inquisition. 

 

Actually, I don't know what #5 is.  

 

6. .. Use hand signals? 

 

 

Nick 

 

 

 

From: [email protected] [mailto:[email protected]] On Behalf
Of Saul Caganoff
Sent: Sunday, March 04, 2012 3:37 PM
To: The Friday Morning Applied Complexity Coffee Group
Subject: Re: [FRIAM] The Wisdom of Crowds - Four elements required to form a
wise crowd

 

Interesting....I got these 5 rules from a book called "Honeybee Democracy
<http://www.amazon.com/Honeybee-Democracy-Thomas-D-Seeley/dp/0691147213> "
which came out of studies of how bee hives make decisions:

1.      Compose the decision making of individuals with shared interests and
mutual respect.
2.      Minimise the leader's influence on group thinking.
3.      Seek diverse solutions to the problem.
4.      Aggregate the group's knowledge through debate.
5.      Use quorum responses for cohesion, accuracy and speed.

Regards,
Saul

On 3 March 2012 15:59, Owen Densmore <[email protected]> wrote:

At Friam today we discussed the Wisdom of Crowds book, and I mentioned the 4
requirements for a crowd to be wise.  Here's the story from Wikipedia:

 
http://en.wikipedia.org/wiki/The_Wisdom_of_Crowds#Four_elements_required_to_
form_a_wise_crowd

 

   -- Owen

According to Surowiecki, these key criteria separate wise crowds from
irrational ones:


Criteria

Description


Diversity of  <http://en.wikipedia.org/wiki/Opinion> opinion

Each person should have private information even if it's just an eccentric
interpretation of the known facts.


Independence

People's opinions aren't determined by the opinions of those around them.


Decentralization

People are able to specialize and draw on local knowledge.


Aggregation

Some mechanism exists for turning private judgments into a collective
<http://en.wikipedia.org/wiki/Decision_making> decision.


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-- 
Saul Caganoff
Enterprise IT Architect
Mobile: +61 410 430 809
LinkedIn: http://www.linkedin.com/in/scaganoff

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