This coffessode examines how people who prioritize long-term rewards make decisions within groups. The conversation underlines that people are more likely to follow the decisions of their peers even when they perceive immediate rewards elsewhere, leading to lower individual decision-making accuracy in the short term. This is because their strategy maximizes long-term rewards by ensuring group membership for future access to collective wisdom. The episode also highlights the counterintuitive finding that disagreement in such groups can be a more reliable signal of collective accuracy than consensus, as consensus can be driven by information cascades that amplify the initial decision rather than independent reasoning.

Reference-
Mann RP. 2024 Agents seekinglong-term access to the wisdom of the crowdreduce immediate decision-making accuracy. Phil.Trans. R. Soc. B 379: 20220467
https://doi.org/10.1098/rstb.2022.0467

DISCLAIMER: This podcast was generated fully or in parts using AI technologies such as synthetic voice generation. AI may still sometimes give inaccurate responses, so you may want to confirm any facts independently.

Ver todos los episodios