... New York For more information, visit www.wisdomofcrowds.com I THEWISDOMOFCROWDSTHEWISDOMOFCROWDS JAMES S U R O W I E C K I ®, ANCHOR A Division of BOOKS Random New York House, Inc FIRST ... The New Yorker The Library of Congress has cataloged the Doubleday edition as follows: Surowiecki, James, 196 7The wisdomofcrowds : why the many are smarter than the few and how collective wisdom ... in the United States of America 10 To Mom and Dad C O N T E N T S Introduction xi PART I TheWisdomofCrowdsThe Difference Difference Makes: Waggle Dances, the Bay of Pigs, and the Value of...
... Stories P2P File Sharing Thanks toothpastefordinner.com Stock Market Thanks xkcd.com Elements of Wise Crowds (Surowiecki) Diversity Independence Decentralization Aggregation Bringing WOC Online ... threadless.com/submit google.com/search?q=apple flickr.com/photos/tags/apple/clusters Result Aggregation favrd.com The Heisenberg Problem flickr.com/explore/interesting/2009/03/13 flickr.com/explore/interesting/7days ... Searches Velocity Interestingness Design Matters Color & Shape Red vs Blue Putting It All Together Click! brooklynmuseum.org/exhibitions/click getsatisfaction.com/apple getsatisfaction.com/apple...
... patterns To achieve these goals, we propose a variant ofthe Latent Mixture of Discriminative Experts (Ozkan et al., 2010) which takes full advantage ofthewisdomofcrowds Our Wisdom- LMDE model ... Wisdom- LMDE The goals of our computational model are to automatically discover the prototypical patterns of backchannel feedback and learn the dynamic between these patterns This will allow the ... ac336 count the differences in people’s reactions, and automatically learns the hidden structure among them The rest ofthe paper is organized as follows In Section 2, we present thewisdom acquisition...
... to get the right coach for the EC situation, there are many other factors beside the coach that will affect the success ofthe coaching: the readiness ofthe executive, the support from the boss ... for the mutual benefit ofthe executive and the organization a focus on building the competence of both the executive and the organization a continual emphasis on the integrity of each member of ... implementation of these five processes that the true work of coaching takes place The first of these components can be further elaborated by an examination of Table 1.2, which presents a summary of many of...
... Chairman of Berkshire Hathaway and one ofthe most successful investors in history; Benjamin Graham, recognized as the “Father of Value Investing” and one ofthe most influential figures in the investment ... bailout of hedge fund Long Term Capital Management and the Asian financial crises Investors in the beginning ofthe 2000s experienced the bursting ofthe technology and telecom bubble, 9/11 and the ... is patience They recognize that while the mood ofthe market may cause a stock price to fluctuate widely over the short term, over longer periods the value ofthe underlying business often asserts...
... whether the game is worth the candle,” and whether it might not be better to turn the course of evolution in the only other possible direction—backwards, to the relative peace ofthe animal, the ... that they have done to improve the conditions of life, their picture ofthe universe seems to leave the individual without ultimate hope The price of their miracles in this world has been the ... remembering the past we can plan for the future But the ability to plan for pleasure is offset by the “ability” to dread pain and to fear the unknown Furthermore, the growth of an acute sense of the...
... Holland: Tulipmania 15 themselves the possessors of a few bulbs which nobody would buy, even though they offered them at one quarter ofthe sums they had paid for them The cry of distress sounded ... and that the wealthy from every part ofthe world would buy Dutch tulips because they were uniquely beautiful In the early days ofthe mania, sales took place between the end of June when the bulbs ... inadequate The pilots who flew the planes were so convinced ofthe inadequacy that they took to standing outside the cockpit whenever they could, to eyeball the passengers as they boarded Yet it took the...
... have a perfect accounting ofthe events ofthe past few months of 2008 No wonder the book has never been out of print Mackay wrote to warn people ofthe foolishness ofthe collective mind His warning ... feasted the Prince of Orange and the whole court ofthe Stadtholder.’ By 1636, special markets for trading in tulip bulbs were established on the floor ofthe Stock Exchanges in Amsterdam and other ... even though they offered them at one quarter ofthe sums they had paid for them Many who, for a brief season, had emerged from the humbler walks of life, were cast back into their original obscurity...
... element ofthe vector usually represents a word (or a group of words) ofthe document collection, i.e the size ofthe vector is defined by the number of words (or groups of words) ofthe complete ... from the number of clusters is the silhouette coefficient SC(P) (cf [KR90]) The main idea ofthe coefficient is to find out the location of a document in the space with respect to the cluster ofthe ... the document This may be described by the conditional distribution p(t1 , , tni |L(di )) ofthe ni words given the class Then the Bayesian formula yields the probability of a class given the...
... in the truth of what is taught One ofthe problems with doubt is that we normally require proof ofthe validity ofthe teachings Yet the problem with this particular stance is that the proof of ... faith in thewisdomofthe universe, this strong belief and desire will be the driving force in your achievements Develop, then, a strong faith in thewisdomofthe universe Have trust that the universe ... focus their mind on what they have, not on what they have not 30 Although the gift they received may be small or of little value, they are thankful to have received them According to the Law of...
... Executive Wisdom can be seen as a component of human behavior that transcends normal wisdom because ofthe requirement of scope and the inclusion ofthe notion ofthe well-being ofthe organization ... understood as in the realm of God, of religion and metaphysics On the other hand, there is the knowledge ofthe universe, of what humans can discover and comprehend through their own efforts The dialectic ... whether there is a good match between the needs ofthe enterprise and the capacities and accomplishments ofthe person being considered The success of everyone involved depends on the quality of...
... whereas in the sentence “They arrived to the town” the preposition to is a confusion error (cf arrived in the town) Most work on automated correction of preposition errors, with the exception of Gamon ... sentences and removed them 510 N Mw = i N FPw = i In the above equations, N is the total number of instances, ci is the class (1 or 0) , and pi sys crowd indicates the proportion ofthe crowd that classified ... the utility of these weighted measures, we evaluated the LM and PERC systems on the dataset containing 923 preposition instances, against all 20 Turker judgments Figure shows a histogram of the...