It is common wisdom that practice makes perfect. And, in fact, we find evidence that when given a choice between practicing a task and reflecting on their previously accumulated practice, most people opt for the former. We argue in this paper that this preference is misinformed. Using evidence...

This paper focuses on wisdom manifested in work teams, defined here as groups of interdependent individuals who share responsibility for specific outcomes for their organizations (Sundstrom, DeMeuse & Futrell, 1990). Understanding how wisdom applies in teams has particular urgency, considering...