Wisdom of the crowd preprint

We have posted a preprint Wisdom of the crowd from unsupervised dimension reduction on arXiv. In this paper we show that one-dimensional unsupervised dimension reduction, such as principal component analysis and Isomap, can be used to derive consensus predictions from the responses of multiple individuals to the same questions, and performs better than existing solutions. This is relevant for crowd wisdom applications in the social and natural sciences, including data fusion, meta-analysis, crowd-sourcing, and committee decision making.