We propose the development of a prediction market to provide a form of collective intelligence for forecasting prices for “toxic assets” to be transferred from Irish banks to the National Asset Management Agency. Such a market allows participants to assume a stake in a security whose value is tied to a future event. We propose that securities are created whose value hinges on the transfer amoun...

Individual-intelligence research, from a neurological perspective, describes the cortex as a medium for performing conceptual abstraction and specification. This idea has been used to explain how motor-cortex regions responsible for different behavioral modalities such as writing and speaking can express the same general concept represented in the cortex. For example, the concept of a dog, abst...

session on digital humanitarianism, with a keynote given by Paul Conneally from the International Telecommunication Union (ITU), offered a vision of a future where huge amounts of data can be collected, analyzed, and used to facilitate the delivery of relief and development aid and information in some of the most challenging settings on earth. The talk acknowledged there are obstacles to be ove...

Using data on older individuals and couples, we estimate a collective model of household consumption of a variety of goods, showing how resources are shared between husbands and wives, and how this allocation is affected by retirement and health status. We identify the extent to which shared consumption of goods by older married couples reduces the costs of living together relative to living al...

A simple method of reducing random fluctuations experienced in step-size control under mutative self-adaptation is discussed. The approach taken does not require collective learning from the population, i.e. no recombination. It also does not require knowledge about the instantiations of the actual random mutation performed on the object variables. The method presented may be interpreted as an ...

Many social and collective properties and notions are collectively man-made. There are two important features of the collective creation of some central aspects of the social world that have previously been emphasized in the literature – by such authors as Barnes (1983), Bloor (1997), Kusch (1997), and Searle (1995)). The first feature is that of the performative character of many social notion...

This paper seeks to shed light on the role that governance mechanisms at play within the firm have in organizational learning. Moreover, since different governance mechanisms co-exist within an organization, their alignments are of particular importance for achieving knowledge circulation within the organization. We here focus on knowing communities, seen as important locus for knowledge creati...

We rigorously analyze the claims experience of our 78,000 members and translate the findings into industryleading patient safety initiatives that protect our members and their patients. Analyzing the collective experience of so many physicians provides broader, more reliable information. It also expands knowledge beyond the experiences of any single person—even if that knowledge is gained over ...

Abstract Studying collective creativity is critical for understanding how groups, organizations, and communities innovate and progress over time. However, analyzing creativity at the collective level remains an open and challenging issue. We adapt Bandura’s construct of collective efficacy to understand beliefs about collective capacities for creativity among individual members part of scientif...