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Collective Wisdom: Principles and Mechanisms by Helene Landemore, Jon Elster

Collective Wisdom: Principles and Mechanisms

by Helene Landemore , Jon Elster
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Book cover type: Paperback
  • ISBN13: 9781107630277
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 420
  • Original Price: GBP 40.0
  • Language: English
  • Edition: Reprint
  • Item Weight: 640 grams
  • BISAC Subject(s): General

James Madison wrote, "Had every Athenian citizen been a Socrates, every Athenian assembly would still have been a mob." The contributors to this volume discuss and for the most part challenge this claim by considering conditions under which many minds can be wiser than one. With backgrounds in economics, cognitive science, political science, law, and history, the authors consider information markets, the Internet, jury debates, democratic deliberation, and the use of diversity as mechanisms for improving collective decisions. At the same time, they consider voter irrationality and paradoxes of aggregation as possibly undermining the wisdom of groups. Implicitly or explicitly, the volume also offers guidance and warnings to institutional designers.

Elster, Jon: - Jon Elster has been a professor at the Collège de France since 2005. Previously, he was a professor at the University of Chicago. He is a member of the American Academy of Arts and Sciences, Academia Europaea, the Norwegian Academy of Science and a Corresponding Fellow of the British Academy. He holds honorary doctorates from the universities of Valencia, Stockholm, Trondheim, Bogotá, Torcuata di Tella and Louvain-la-Neuve. Elster is the author of 23 monographs, which have been translated into 18 languages. Most recently, these include L'Irrationalité; Alexis de Tocqueville: The First Social Scientist; Le Désintéressement; Explaining Social Behavior; Agir contre soi; Closing the Books; and Alchemies of the Mind.

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