By Jon Elster, Hélène Landemore
James Madison wrote, "Had each Athenian citizen been a Socrates, each Athenian meeting could nonetheless were a mob." The members to this quantity speak about and for the main half problem this declare via contemplating stipulations less than which many minds might be wiser than one. With backgrounds in economics, cognitive technological know-how, political technology, legislations, and background, the authors ponder info markets, the net, jury debates, democratic deliberation, and using range as mechanisms for bettering collective judgements. while, they think about voter irrationality and paradoxes of aggregation as in all probability undermining the knowledge of teams. Implicitly or explicitly, the quantity additionally deals suggestions and warnings to institutional designers.