Research on the wisdom of crowds: Making the bandwagon better

With a web browser or a cellphone, consumers today are making decisions about causes to fund, stocks to pick, movies to watch, restaurants to visit, products to buy and music to hear partly based on the answer to a single ...

Physics: Not everything is where it seems to be

Scientists at TU Wien, the University of Innsbruck and the ÖAW have for the first time demonstrated a wave effect that can lead to measurement errors in the optical position estimation of objects. The work now published ...

Averaging the wisdom of crowds

The best decisions are made on the basis of the average of various estimates, as confirmed by the research of Dennie van Dolder and Martijn van den Assem, scientists at VU Amsterdam. Using data from Holland Casino promotional ...

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