Insights From

Yael Grushka-Cockayne

BizBasics: ‘Wisdom of Crowds’

Darden Professor Yael Grushka-Cockayne discusses the wisdom of crowds and explains how a collection of opinions can forecast the future.

Too Many Expert Opinions in the Bunch? Trim Them Down

To improve the value gained from collectives of professional opinions, look to sizable crowds, use your best judgment about which experts to choose based on historical data and request diversity in the range of forecasts you will consider.