The Amazing Innovations That Contests Create

Through incentives that encourage participants to solve design problems, contests can use the benefits of crowdsourcing to stimulate innovation.

What Ants Tell Us About the Wisdom of Crowds

Shown by ant groups successfully taking a Cheerio to a nest, sometimes the wisdom of crowds depends on the brains of an individual leader.

What Tweets Can Say About the Dow

Researchers are exploring how message volume and sentiment analysis in social media like Twitter and Yahoo can be used to predict financial markets.

The Message From NFL Ticket Prices

Through the price system, because many consumers and businesses make buying and selling decisions for the same good or service, price conveys information.

Blowing Bubbles

In The Big Short, Michael Lewis explains the subprime bubble mentality through a quote about CNBC media coverage. “…they weren’t in touch with reality anymore. If something negative happened, they’d spin it positive. If something positive happened, they’d blow it out…