Improving Collective Estimations Using Resistance to Social Influence
Author
Abstract
Suggested Citation
DOI: 10.1371/journal.pcbi.1004594
Download full text from publisher
References listed on IDEAS
- repec:cup:cbooks:9780511771576 is not listed on IDEAS
- Pavlin Mavrodiev & Claudio J. Tessone & Frank Schweitzer, "undated". "Quantifying the effects of social influence," Working Papers ETH-RC-13-001, ETH Zurich, Chair of Systems Design.
- Sniezek, Janet A. & Henry, Rebecca A., 1989. "Accuracy and confidence in group judgment," Organizational Behavior and Human Decision Processes, Elsevier, vol. 43(1), pages 1-28, February.
- Justin Wolfers & Eric Zitzewitz, 2004.
"Prediction Markets,"
Journal of Economic Perspectives, American Economic Association, vol. 18(2), pages 107-126, Spring.
- Wolfers, Justin & Zitzewitz, Eric, 2004. "Prediction Markets," Research Papers 1854, Stanford University, Graduate School of Business.
- Justin Wolfers & Eric Zitzewitz, 2004. "Prediction Markets," Discussion Papers 03-025, Stanford Institute for Economic Policy Research.
- Justin Wolfers & Eric Zitzewitz, 2004. "Prediction Markets," NBER Working Papers 10504, National Bureau of Economic Research, Inc.
- Easley,David & Kleinberg,Jon, 2010. "Networks, Crowds, and Markets," Cambridge Books, Cambridge University Press, number 9780521195331, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Joshua Aaron Becker & Douglas Guilbeault & Edward Bishop Smith, 2022. "The Crowd Classification Problem: Social Dynamics of Binary-Choice Accuracy," Management Science, INFORMS, vol. 68(5), pages 3949-3965, May.
- Bertrand Jayles & Ramon Escobedo & Stéphane Cezera & Adrien Blanchet & Tatsuya Kameda & Clément Sire & Guy Théraulaz, 2020. "The impact of incorrect social information on collective wisdom in human groups," Post-Print hal-03019820, HAL.
- Bertrand Jayles & Clément Sire & Ralf H J M Kurvers, 2021. "Crowd control: Reducing individual estimation bias by sharing biased social information," PLOS Computational Biology, Public Library of Science, vol. 17(11), pages 1-28, November.
- Bertrand Jayles & Ramón Escobedo & Stéphane Cezera & Adrien Blanchet & Tatsuya Kameda & Clément Sire & Guy Theraulaz, 2020. "The impact of incorrect social information on collective wisdom in human groups," Post-Print hal-02991100, HAL.
- Vincenz Frey & Arnout van de Rijt, 2021. "Social Influence Undermines the Wisdom of the Crowd in Sequential Decision Making," Management Science, INFORMS, vol. 67(7), pages 4273-4286, July.
- Jayles, Bertrand & Escobedo, Ramon & Cezera, Stéphane & Blanchet, Adrien & Kameda, Tatsuya & Sire, Clément & Théraulaz, Guy, 2020.
"The impact of incorrect social information on collective wisdom in human groups,"
TSE Working Papers
1101, Toulouse School of Economics (TSE).
- Jayles, Bertrand & Escobedo, Ramon & Cezera, Stéphane & Blanchet, Adrien & Kameda, Tatsuya & Sire, Clément & Théraulaz, Guy, 2020. "The impact of incorrect social information on collective wisdom in human groups," IAST Working Papers 20-106, Institute for Advanced Study in Toulouse (IAST).
- Christos C Ioannou & Gabriel Madirolas & Faith S Brammer & Hannah A Rapley & Gonzalo G de Polavieja, 2018. "Adolescents show collective intelligence which can be driven by a geometric mean rule of thumb," PLOS ONE, Public Library of Science, vol. 13(9), pages 1-17, September.
- Mariko I Ito & Hisashi Ohtsuki & Akira Sasaki, 2018. "Emergence of opinion leaders in reference networks," PLOS ONE, Public Library of Science, vol. 13(3), pages 1-21, March.
- Mariko I Ito & Akira Sasaki, 2023. "Casting votes of antecedents play a key role in successful sequential decision-making," PLOS ONE, Public Library of Science, vol. 18(2), pages 1-19, February.
- Christian Ganser & Marc Keuschnigg, 2018. "Social Influence Strengthens Crowd Wisdom Under Voting," Advances in Complex Systems (ACS), World Scientific Publishing Co. Pte. Ltd., vol. 21(06n07), pages 1-23, September.
- Joshua Becker & Douglas Guilbeault & Ned Smith, 2021. "The Crowd Classification Problem: Social Dynamics of Binary Choice Accuracy," Papers 2104.11300, arXiv.org.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Keller, Jonas & von der Gracht, Heiko A., 2014. "The influence of information and communication technology (ICT) on future foresight processes — Results from a Delphi survey," Technological Forecasting and Social Change, Elsevier, vol. 85(C), pages 81-92.
- Ivo Blohm & Christoph Riedl & Johann Füller & Jan Marco Leimeister, 2016. "Rate or Trade? Identifying Winning Ideas in Open Idea Sourcing," Information Systems Research, INFORMS, vol. 27(1), pages 27-48, March.
- Jean M Carlson & David L Alderson & Sean P Stromberg & Danielle S Bassett & Emily M Craparo & Francisco Guiterrez-Villarreal & Thomas Otani, 2014. "Measuring and Modeling Behavioral Decision Dynamics in Collective Evacuation," PLOS ONE, Public Library of Science, vol. 9(2), pages 1-17, February.
- Kerr, Norbert L. & Tindale, R. Scott, 2011. "Group-based forecasting?: A social psychological analysis," International Journal of Forecasting, Elsevier, vol. 27(1), pages 14-40, January.
- Kerr, Norbert L. & Tindale, R. Scott, 2011. "Group-based forecasting?: A social psychological analysis," International Journal of Forecasting, Elsevier, vol. 27(1), pages 14-40.
- Blazquez-Soriano, Amparo & Ramos-Sandoval, Rosmery, 2022. "Information transfer as a tool to improve the resilience of farmers against the effects of climate change: The case of the Peruvian National Agrarian Innovation System," Agricultural Systems, Elsevier, vol. 200(C).
- Meirowitz, Adam, 2005. "Deliberative Democracy or Market Democracy: Designing Institutions to Aggregate Preferences and Information," Papers 03-28-2005, Princeton University, Research Program in Political Economy.
- Byung-Yeon Kim & Gerard Roland, 2011. "Are the Markets Afraid of Kim Jong-Il?," KIER Working Papers 789, Kyoto University, Institute of Economic Research.
- Dindo, Pietro & Massari, Filippo, 2020.
"The wisdom of the crowd in dynamic economies,"
Theoretical Economics, Econometric Society, vol. 15(4), November.
- Pietro Dindo & Filippo Massari, 2017. "The Wisdom of the Crowd in Dynamic Economies," Working Papers 2017:17, Department of Economics, University of Venice "Ca' Foscari", revised 2018.
- Wei Zhong, 2017. "Simulating influenza pandemic dynamics with public risk communication and individual responsive behavior," Computational and Mathematical Organization Theory, Springer, vol. 23(4), pages 475-495, December.
- Siemroth, Christoph, 2014.
"Why prediction markets work : The role of information acquisition and endogenous weighting,"
Working Papers
14-02, University of Mannheim, Department of Economics.
- Siemroth, Christoph, 2014. "Why prediction markets work : the role of information acquisition and endogenous weighting," Working Papers 14-29, University of Mannheim, Department of Economics.
- Guo Weilong & Minca Andreea & Wang Li, 2016. "The topology of overlapping portfolio networks," Statistics & Risk Modeling, De Gruyter, vol. 33(3-4), pages 139-155, December.
- Justin Wolfers & Eric Zitzewitz, 2006.
"Interpreting Prediction Market Prices as Probabilities,"
Working Paper Series
2006-11, Federal Reserve Bank of San Francisco.
- Wolfers, Justin & Zitzewitz, Eric, 2006. "Interpreting Prediction Market Prices as Probabilities," IZA Discussion Papers 2092, Institute of Labor Economics (IZA).
- Wolfers, Justin & Zitzewitz, Eric, 2006. "Interpreting Prediction Market Prices as Probabilities," CEPR Discussion Papers 5676, C.E.P.R. Discussion Papers.
- Justin Wolfers & Eric Zitzewitz, 2006. "Interpreting Prediction Market Prices as Probabilities," NBER Working Papers 12200, National Bureau of Economic Research, Inc.
- McKenzie, Jordi, 2013. "Predicting box office with and without markets: Do internet users know anything?," Information Economics and Policy, Elsevier, vol. 25(2), pages 70-80.
- Thomas J. Sargent & John Stachurski, 2022. "Economic Networks: Theory and Computation," Papers 2203.11972, arXiv.org, revised Jul 2022.
- Bernd (B.) Heidergott & Jia-Ping Huang & Ines (I.) Lindner, 2018. "Naive Learning in Social Networks with Random Communication," Tinbergen Institute Discussion Papers 18-018/II, Tinbergen Institute.
- Johannes M. Bauer & Michael Latzer, 2016. "The economics of the Internet: an overview," Chapters, in: Johannes M. Bauer & Michael Latzer (ed.), Handbook on the Economics of the Internet, chapter 1, pages 3-20, Edward Elgar Publishing.
- Bertrand Jayles & Clément Sire & Ralf H J M Kurvers, 2021. "Crowd control: Reducing individual estimation bias by sharing biased social information," PLOS Computational Biology, Public Library of Science, vol. 17(11), pages 1-28, November.
- Kobayashi, Teruyoshi & Takaguchi, Taro, 2018.
"Identifying relationship lending in the interbank market: A network approach,"
Journal of Banking & Finance, Elsevier, vol. 97(C), pages 20-36.
- Teruyoshi Kobayashi & Taro Takaguchi, 2017. "Identifying relationship lending in the interbank market: A network approach," Papers 1708.08594, arXiv.org, revised Apr 2018.
- Albert N. Link & John T. Scott, 2013.
"Private Investor Participation and Commercialization Rates for Government-sponsored Research and Development: Would a Prediction Market Improve the Performance of the SBIR Programme?,"
Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 11, pages 157-174,
Edward Elgar Publishing.
- Albert N. Link & John T. Scott, 2009. "Private Investor Participation and Commercialization Rates for Government‐sponsored Research and Development: Would a Prediction Market Improve the Performance of the SBIR Programme?," Economica, London School of Economics and Political Science, vol. 76(302), pages 264-281, April.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:plo:pcbi00:1004594. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ploscompbiol (email available below). General contact details of provider: https://journals.plos.org/ploscompbiol/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/a/plo/pcbi00/1004594.html