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Better wisdom from crowds: MIT scholars produce new method of harvesting correct answers from groups. “A new technique
Better wisdom from crowds: MIT scholars produce new method of harvesting correct answers from groups.
“A new technique [described in 2017] can better extract correct answers from large groups of people. For a given question, people are asked two things: What they think the right answer is, and what they think popular opinion will be. The variation between the two aggregate responses indicates the correct answer. ...
the researchers found that the “surprisingly popular” algorithm reduced errors by 21.3 percent compared to simple majority votes, and by 24.2 percent compared to basic confidence-weighted votes (where people express how confident they are in their answers).“
Source: news.mit.edu
answers correct votes percent mit answer popular people
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