Richard P. Larrick

Book section · January 1, 2024 This chapter reviews the “wisdom of crowds” through the lens of social psychology. Early research on social influence cast a pessimistic light on whether collectives can be wise. The famous Asch (1955) studies left the impression that collective judgment i ... Full text Cite

Expertise in Decision Making

Book section · February 15, 2016 This two-volume reference is a comprehensive, up-to-date examination of the most important theory, concepts, methodological approaches, and applications in the burgeoning field of judgment and decision making (JDM). ... Cite

Richard P. Larrick

Scholarly Works - Book sections

Judgment and decision-making processes

The Social Psychology of the Wisdom of Crowds (with a New Section on Recent Advances)

Expertise in Decision Making

Designing better energy metrics for consumers

Theory X and Theory Y: HR Strategy

The 'wisdom of crowds' effect

The social psychology of the wisdom of crowds

Risk in negotiation: Judgments of likelihood and value

Biased beliefs in negotiation

Broaden the decision frame to make effective decisions

Debiasing

Expertise in decision making

Choice architecture