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Do low-confidence individuals decrease group judgments’ accuracy? Investigations in terms of the wisdom of crowds framework
16 references·0 citing·50 second hopsampled
Do low-confidence individuals decrease group judgments’ accuracy? Investigations in terms of the wisdom of crowds framework (2021)Do low-confidence individuals decrease gr…Group decisions based on confidence weighted majority voting (2021)Group decisions based on conf…Dunning-Kruger Effect: Intuitive Errors Predict Overconfidence on the Cognitive Reflection Test (2021)Dunning-Kruger Effect: Intuit…Confidence, advice seeking and changes of mind in decision making (2021)Confidence, advice seeking an…Wisdom of crowds and collective decision-making in a survival situation with complex information integration (2020)Wisdom of crowds and collecti…The Bad Thing About Good Advice: Understanding When and How Advice Exacerbates Overconfidence (2020)The Bad Thing About Good Advi…Memory‐Based Simple Heuristics as Attribute Substitution: Competitive Tests of Binary Choice Inference Models (2016)Memory‐Based Simple Heuristic…Harnessing the wisdom of the inner crowd (2014)Harnessing the wisdom of the …Using the ACT-R architecture to specify 39 quantitative process models of decision making (2011)Using the ACT-R architecture …The recognition heuristic: A decade of research (2011)The recognition heuristic: A …How social influence can undermine the wisdom of crowd effect (2011)How social influence can unde…Heuristic Decision Making (2010)Heuristic Decision MakingThe trouble with overconfidence. (2008)The trouble with overconfiden…Models of Bounded Rationality: The Approach of Fast and Frugal Heuristics (2004)Models of Bounded Rationality…Models of ecological rationality: The recognition heuristic. (2002)Models of ecological rational…Unskilled and unaware of it: How difficulties in recognizing one's own incompetence lead to inflated self-assessments. (1999)Unskilled and unaware of it: …Reasoning the fast and frugal way: Models of bounded rationality. (1996)Reasoning the fast and frugal…Judgment under Uncertainty: Heuristics and Biases (1974)Judgment under Uncertainty: Heuristics and Biases (1975)The wisdom of crowds: why the many are smarter than the few and how collective wisdom shapes business, economies, societies and nations (2004)Naïve Learning in Social Networks and the Wisdom of Crowds (2010)Political diversity will improve social psychological science (2014)Using the Delphi expert consensus method in mental health research (2015)Vox Populi (1907)Measuring the Crowd Within (2008)Strategies for revising judgment: How (and how well) people use others’ opinions. (2009)When two heads are better than one and when they can be worse: The amplification hypothesis. (2015)How large language models can reshape collective intelligence (2024)Ideation with Generative AI—in Consumer Research and Beyond (2025)A BEHAVIORAL MODEL OF RATIONAL CHOICE (1955)Emotion and Decision Making (2014)Fuzzy-set Qualitative Comparative Analysis (fsQCA): Guidelines for research practice in Information Systems and marketing (2021)Two new Later Stone Age sites from the Final Pleistocene in the Falémé Valley, eastern Senegal (2024)Availability: A heuristic for judging frequency and probability (1973)A perspective on judgment and choice: Mapping bounded rationality. (2003)Social psychology: handbook of basic principles (2008)The Recognition Heuristic: A Review of Theory and Tests (2011)Is making a risky choice based on a weighting and adding process? An eye-tracking investigation. (2013)The BCD of response time analysis in experimental economics (2017)A Theory of Social Comparison Processes (1954)Judgment Under Uncertainty: Heuristics and Biases. (1984)Individual differences in reasoning: Implications for the rationality debate? (2000)Representativeness Revisited: Attribute Substitution in Intuitive Judgment (2002)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Judgment under Uncertainty (1982)Simple Heuristics That Make Us Smart (1999)Cognitive niches: An ecological model of strategy selection. (2011)Simple Heuristics in a Social World (2012)Society and the Adolescent Self-Image (1965)Algorithm Aversion: People Erroneously Avoid Algorithms after Seeing Them Err (2014)Algorithm appreciation: People prefer algorithmic to human judgment (2019)Resource-rational analysis: Understanding human cognition as the optimal use of limited computational resources (2019)Cognitive Reflection and Decision Making (2005)Dual-Process Theories of Higher Cognition (2013)A Statistical Explanation of the Dunning-Kruger Effect (2021)Entrepreneurship, Management, and Cognitive Reflection: A Preregistered Replication Study With Extensions (2023)Graduation is not the end, it is just the beginning: Change in perceived employability in the transition associated with graduation (2023)Decisions with Multiple Objectives (1993)TARGET ARTICLE: Attributions of Implicit Prejudice, or "Would Jesse Jackson 'Fail' the Implicit Association Test?" (2004)Fast and frugal heuristics are plausible models of cognition: Reply to Dougherty, Franco-Watkins, and Thomas (2008). (2008)Bad Beliefs (2021)Rational choice and the structure of the environment. (1956)Administrative Behavior: A Study of Decision-Making Processes in Administrative Organization. (1978)Life expectancy, economic inequality, homicide, and reproductive timing in Chicago neighbourhoods (1997)Models of Bounded Rationality (1997)Problems for Judgment and Decision Making (2001)A quantum theoretical explanation for probability judgment errors. (2011)
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References

  • 1999Unskilled and unaware of it: How difficulties in recognizing one's own incompetence lead to inflated self-assessments.7,694 cited
  • 2010Heuristic Decision Making4,028 cited
  • 2008The trouble with overconfidence.2,347 cited
  • 2011How social influence can undermine the wisdom of crowd effect1,017 cited
  • 1996Reasoning the fast and frugal way: Models of bounded rationality.500 cited
  • 2002Models of ecological rationality: The recognition heuristic.238 cited
  • 2011The recognition heuristic: A decade of research200 cited
  • 2011Using the ACT-R architecture to specify 39 quantitative process models of decision making110 cited
  • 2014Harnessing the wisdom of the inner crowd83 cited
  • 2021Dunning-Kruger Effect: Intuitive Errors Predict Overconfidence on the Cognitive Reflection Test68 cited
  • 2021Confidence, advice seeking and changes of mind in decision making55 cited
  • 2004Models of Bounded Rationality: The Approach of Fast and Frugal Heuristics52 cited
  • 2020The Bad Thing About Good Advice: Understanding When and How Advice Exacerbates Overconfidence45 cited
  • 2020Wisdom of crowds and collective decision-making in a survival situation with complex information integration38 cited
  • 2021

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Group decisions based on confidence weighted majority voting
25 cited
  • 2016Memory‐Based Simple Heuristics as Attribute Substitution: Competitive Tests of Binary Choice Inference Models17 cited
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