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If you think you're going to harvest the "Wisdom of the Crowds", please go read James Surowiecki's book of the same name. http://www.amazon.com/The-Wisdom-Crowd
by dbenhur 12y ago
If you think you're going to harvest the "Wisdom of the Crowds", please go read James Surowiecki's book of the same name. http://www.amazon.com/The-Wisdom-Crowds-James-Surowiecki/dp/0385721706 http://www.amazon.com/The-Wisdom-Crowds-James-Surowiecki/dp/...
If that's too hard, at least understand the summary on Wikipedia: http://en.wikipedia.org/wiki/The_Wisdom_of_Crowds#Four_elements_required_to_form_a_wise_crowd http://en.wikipedia.org/wiki/The_Wisdom_of_Crowds#Four_eleme...
A quick look at your site and it's clear you don't get point #2 Independence as you're showing people the prior avg before they submit their answer. I'll bet your site will suffer from a lack of #1 Diversity of opinion as well, as most websites tend to gather abnormally high concentrations of like minded people just through the natural ways they acquire and accrete audience.
- thomasfromcdnjs 12y agoThis was just an MVP so didn't bother to put too much effort into tackling Information Cascading.[1] I was hoping that because there are many answers above the folder, it might negate information cascading. Lack of diversity will be definitely be a problem =D 1. http://en.wikipedia.org/wiki/Information_cascade http://en.wikipedia.org/wiki/Information_cascade