Erhan

56%
Flag icon
involves multiple rounds during which the participants submit estimates (or votes) to a moderator and remain anonymous to one another. At each new round, the participants provide reasons for their estimates and respond to the reasons given by others, still anonymously. The process encourages estimates to converge (and sometimes forces them to do so by requiring new judgments to fall within a specific range of the distribution of previous-round judgments). The method benefits both from aggregation and social learning.
Noise: A Flaw in Human Judgment
Rate this book
Clear rating
Open Preview