Crowd-wisdom parlor examples (ox weight, jellybeans) are problematic test cases because they involve unimportant questions and offer no incentive to get it right, whereas the harder, high-stakes questions are matters of judgment where the answer is difficult to know even after the fact.

normativepending

Speaker

Russ Roberts

Evidence Quote

it's not very important to get those numbers accurately... it's not clear in those settings whether those are the right problems to be asking people

Source

Sunstein on Infotopia, Information and Decision-MakingEconTalk
Created: 6/15/2026, 9:20:35 AM

My Notes

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