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Keyword: iowaelectronic

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  • Book Review: The Wisdom of Crowds, by James Surowiecki (Doubleday, 2004, $24.95)

    09/07/2005 6:28:53 AM PDT · by OESY · 23 replies · 478+ views
    Amazon ^ | September 7, 2005 | Various
    From Publishers Weekly: While our culture generally trusts experts and distrusts the wisdom of the masses, New Yorker business columnist Surowiecki argues that "under the right circumstances, groups are remarkably intelligent, and are often smarter than the smartest people in them." To support this almost counterintuitive proposition, Surowiecki explores problems involving cognition (we're all trying to identify a correct answer), coordination (we need to synchronize our individual activities with others) and cooperation (we have to act together despite our self-interest). His rubric, then, covers a range of problems, including driving in traffic, competing on TV game shows, maximizing stock market...
  • "Electronic Futures" success stories? (Okay ... who cleaned up?!)

    11/03/2004 7:56:10 AM PST · by The G Man · 14 replies · 262+ views
    From hopping over to Tradesports throughout the day looks like "W" got down to about 28 or so. Maybe lower? Anyone make a killing? Let us rejoice vicariously through you!