The Wisdom of Crowds: Why the Many are Smarter than the Few | DiploFoundation | Peer2Politics | Scoop.it

If one asks a large enough number of people to guess the number of jelly beans in a jar, the averaged answer is likely to be very close to the correct number. True, occasionally someone may guess closer to the true number. But as you repeat the experiment, the same person never is better every time - the crowd is smarter than any individual. This finding is counterintuitive.