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.
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.