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Network dynamics of social influence in the wisdom of crowds

2017/06/12 by Joshua Becker, Devon Brackbill, Damon Centola · 6 citations
Physics and Astronomy · Social Sciences · #Opinion Dynamics and Social Influence #Complex Network Analysis Techniques #Evolutionary Game Theory and Cooperation

paper · pdf · doi:10.1073/pnas.1615978114

openalex publication_date 2017/06/12 · openalex created_date 2025/10/10 · openalex updated_date 2026/08/01

Abstract

Significance Since the discovery of the wisdom of crowds over 100 years ago theories of collective intelligence have held that group accuracy requires either statistical independence or informational diversity among individual beliefs. Empirical evidence suggests that allowing people to observe the beliefs of others leads to increased similarity of individual estimates, reducing independence and diversity without a corresponding increase in group accuracy. As a result, social influence is expected to undermine the wisdom of crowds. We present theoretical predictions and experimental findings demonstrating that, in decentralized networks, social influence generates learning dynamics that reliably improve the wisdom of crowds. We identify general conditions under which influence, not independence, produces the most accurate group judgments.

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