Related Experiment Video
Updated: Nov 21, 2025

The Joint Effect of Social Comparison and Social Distance on Evaluation of Intertemporal Choice Outcomes in Event-related Potential Studies
Published on: August 25, 2023
Wisdom of crowds benefits perceptual decision making across difficulty levels
Tiasha Saha Roy1, Satyaki Mazumder1, Koel Das2
1Department of Mathematics and Statistics, Indian Institute of Science Education and Research Kolkata, Mohanpur, Nadia, 741246, India.
Abstract:
Decades of research on collective decision making has claimed that aggregated judgment of multiple individuals is more accurate than expert individual judgement. A longstanding problem in this regard has been to determine how decisions of individuals can be combined to form intelligent group decisions. Our study consisted of a random target detection task in natural scenes, where human subjects (18 subjects, 7 female) detected the presence or absence of a random target as indicated by the cue word displayed prior to stimulus display. Concurrently the neural activities (EEG signals) were recorded. A separate behavioural experiment was performed by different subjects (20 subjects, 11 female) on the same set of images to categorize the tasks according to their difficulty levels. We demonstrate that the weighted average of individual decision confidence/neural decision variables produces significantly better performance than the frequently used majority pooling algorithm. Further, the classification error rates from individual judgement were found to increase with increasing task difficulty. This error could be significantly reduced upon combining the individual decisions using group aggregation rules. Using statistical tests, we show that combining all available participants is unnecessary to achieve minimum classification error rate. We also try to explore if group aggregation benefits depend on the correlation between the individual judgements of the group and our results seem to suggest that reduced inter-subject correlation can improve collective decision making for a fixed difficulty level.
Related Concept Videos
Decision Making: Traditional Method
First, a specific claim about the population parameter is decided based on the research question and is stated in a simple form. Further, an opposing statement to this claim is also stated. These statements can act as null and alternative hypotheses, out of which a null hypothesis would be a...
Reason and Intuition
Decision Making
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Decision Making: P-value Method
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can...
The Availability Heuristic
Hindsight Biases

