Topic XXI. Wisdom of Crowds vs. Herd Thinking
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Context for this filter:
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LEARNING GOALS
- B. CONCEPT ACQUISITION
- Herd Thinking: Sometimes groups make worse judgments than individuals. This happens when:
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EXAMPLES
- Cautionary Quotes: Mistakes, Misconceptions, & Misunderstandings
- "We can be pretty confident we are right, because all five members of our family agree that vaccines cause autism. Since all five of us think so, we must be right."
LEARNING GOALS
- B. CONCEPT ACQUISITION
- Herd Thinking: Sometimes groups make worse judgments than individuals. This happens when:
- a. Judgments of individuals are influenced by the judgments of others, leading to groupthink and sometimes polarization.
- b. Members of the group share biases, which can be exaggerated by discussion and cannot be decreased by averaging judgments.
- C. CONCEPT APPLICATION
- Recognize when groups are likely to make poor decisions.
- Structure group decision-making processes so as to maximize the benefits and minimize the dangers.
- Identify features of existing group decision-making practices which we could improve.