Collective Intelligence

@article{Leimeister2010CollectiveI,
  title={Collective Intelligence},
  author={Jan Marco Leimeister},
  journal={Business \& Information Systems Engineering},
  year={2010},
  volume={2},
  pages={245-248}
}
  • J. Leimeister
  • Published 2010
  • Computer Science
  • Business & Information Systems Engineering
Surowiecki’s book The Wisdom of Crowds (2004) has received much attention in management practice. He vividly describes the phenomenon and highlights some of the potentially underlying mechanisms. A group of average people can – under certain conditions – achieve better results than any individual of the group. This seems to hold even if one member of the group is more intelligent than the rest of the group. Examples are the “Ask the audience” joker in the TV show “Who wants to be a millionaire… 

Crowdsourcing: A Snapshot of Published Research

TLDR
Preliminary findings from a foundational literature review of published crowdsourcing research from 2006 onward are presented, which identify what crowds sourcing research is going on, where it isGoing on, and its foci.

The Wisdom of Crowds vs. the Madness of Mobs: An Evolutionary Model of Bias, Polarization, and Other Challenges to Collective Intelligence

Despite its success in financial markets and other domains, collective intelligence seems to fall short in many critical contexts, including infrequent but repeated financial crises, political

Collective hybrid intelligence: towards a conceptual framework

TLDR
The major contribution of this work is introducing the conceptual foundations to combine and integrate collective intelligence of humans and machines to achieve higher efficiency and (computing) performance.

Promoting Higher Revenues for Both Crowdsourcer and Crowds in Crowdsourcing via Contest

TLDR
A profit optimization model for all parties in crowdsourcing by employing Tullock Contests is developed and the visualization of the equilibria of benefits is helpful to reach a win-win situation for crowdsourcer and crowds, which in turn impacts the development of crowdsourcing services.

Get Your Jokes Right: Ask the Crowd

TLDR
An active learning Support Vector Machine (SVM) approach that uses crowdsourcing to improve classification of user custom preferences and to recommend the most interesting jokes for further reading is put forward.

Crowd characteristics and crowd wisdom: Evidence from an online investment community

TLDR
The findings of this empirical study using a large data set collected from a popular online investment community, StockTwits, show that experience diversity, participant independence, and network decentralization are all positively related to crowd performance.

Peer Ratings and Assessment Quality in Crowd-based Innovation Processes

TLDR
It is suggested that the availability of peer ratings decreases assessment accuracy and that rating quality, extraversion, as well as an internal locus of control mitigate this effect.

Literature review on collective intelligence: a crowd science perspective

Purpose Collective intelligence has drawn many scientists’ attention in many centuries. This paper shows the collective intelligence study process in a perspective of crowd science.

Crowdfunding: Outlining the New Era of Fundraising

Crowdfunding is increasingly gaining attention in theory and practice. Various platforms have emerged, offering entrepreneurs and project owners the possibility to raise money from an undefined group
...

References

SHOWING 1-10 OF 16 REFERENCES

The wisdom of crowds : why the many are smarter than the few

In this landmark work, NEW YORKER columnist James Surowiecki explores a seemingly counter-intuitive idea that has profound implications. Decisions taken by a large group, even if the individuals

Harnessing Crowds: Mapping the Genome of Collective Intelligence

TLDR
This article identifies the underlying building blocks - to use a biological metaphor, the "genes" - at the heart of collective intelligence systems and shows how combinations of genes comprise a "genome" that characterizes each collective intelligence system.

Leveraging crowdsourcing – activationsupporting components for IT-based idea competitions

TLDR
How activation-enabling functionalities can be systematically designed and implemented in an IT-based ideas competition for enterprise resource planning software and found that participation can be supported using a two-step model is described.

Wikinomics: How Mass Collaboration Changes Everything

The knowledge, resources, and computing power of billions of people are self-organizing into a massive new collective force. Interconnected and orchestrated through blogs, wikis, chat rooms,

Community Engineering for Innovations: The Ideas Competition as a Method to Nurture a Virtual Community for Innovations

‘Crowdsourcing’ is currently one of the most discussed key words within the open innovation community. The major question for both research and business is how to find and lever the enormous

Decisions 2.0: the power of collective intelligence

Information markets, wikis and other applications that tap into the collective intelligence of groups have recently generated tremendous interest. But what�s the reality behind the hype?

Internet encyclopaedias go head to head

Jimmy Wales' Wikipedia comes close to Britannica in terms of the accuracy of its science entries, a Nature investigation finds.  UPDATE: see details of how the data were collected for this article in

Ökonomische Perspektiven des Web 2.0 – Open Innovation, Social Commerce und Enterprise 2.0

TLDR
Dienstleistungen, die beispielsweise über Mash Ups einfach in andere Internetanwendungen eingebunden werden können, sind deshalb wichtiger als monolithische Softwareprodukte, die festgelegten ReleaseZyklen folgen.

Thinking for a living : how to get better performance and results from knowledge workers

What's a Knowledge Worker, Anyways? How Knowledge Workers Differ, and the Difference It Makes Interventions, Measures, and Experiments in Knowledge Work Knowledge Work Processes Organizational

Designing for collective intelligence

TLDR
A collective intelligence application is one that harnesses the knowledge and work of its users to provide the data for the application and to improve its usefulness to enable greater productivity and better decisions than are possible by individuals working in isolation.