Task 9- M&M Presentation Flashcards
1
Q
What are advantages of small expert teams?
A
–> improve quantitative judgments
-makes efficient use of resources
-can reduce bias
==> Wisdom of the crowd
2
Q
What are disadvantages of small expert teams?
A
overconfident experts
3
Q
What are advantags of crowdsourcing?
A
–> pool of distributed knowledge
-widens participation in science and society
-enables innovation
==> Many hands make light work
4
Q
What are disadvantages of crowdsourcing?
A
- elite capture
- uneven representation
5
Q
What are advantages of a small team?
A
–> reach consensus decision
-values individual differences
-produces emergent intelligence
==> The whole is more than the sum of its parts
6
Q
What are disadvantages of a small team?
A
hidden profiles –> if not all have the same knowledge and some do not understand it
