The Wisdom of Crowds
24 August 2012 at 1:34 pm Nicolai Foss 2 comments
| Nicolai Foss |
A new special issue of Managerial and Decision Economics on “the wisdom of crowds” has just been published. It deals with issues of emergence in firms and markets, including capability formation, information aggregation and the like. The editor is Orgtheory.net’s Teppo Felin. The SI is genuinely interdisciplinary with contributions from a physicists, sociologists, political scientists and economists, including Austrian economists, Peter Leeson and Christopher Coyne. I haven’t had time to read more than a few of the paper (including Teppo’s characteristically provocative and broad-ranging introduction), but look forward to peruse it. Enjoy!
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Organizations and Markets 
1.
Michael Marotta | 24 August 2012 at 8:13 pm
Well, you have to be a Wiley subscriber… But is it fascinating and the summaries are suggestive of much. A lot to think about here…
Ultimately, it seems, while we academic enjoy denigrating hoi poloi the bottom line is that no firm is successful without popular endorsement, “voting with dollars.” I look, also, to the Delphi Method, of just asking enough people for the right answer. In any case, thanks, and, of course, congratulations on what appears to be a stellar effort!
2. Simoleon Sense » Blog Archive » Weekly Roundup 183: A Curated Linkfest For The Smartest People On The Web! | 26 August 2012 at 12:49 pm
[…] The Wisdom of Crowds – via organizationsandmarkets.com – A new special issue of Managerial and Decision Economics on “the wisdom of crowds” has just been published. It deals with issues of emergence in firms and markets, including capability formation, information aggregation and the like. The editor is Orgtheory.net’s Teppo Felin. The SI is genuinely interdisciplinary with contributions from a physicists, sociologists, political scientists and economists, including Austrian economists, Peter Leeson and Christopher Coyne. I haven’t had time to read more than a few of the paper (including Teppo’s characteristically provocative and broad-ranging introduction), but look forward to peruse it. […]