The Impact of Individual Expertise and Public Information on Group Decision-Making

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Author(s)
Strunz, Ulrich G.
Language
English
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Abstract
In this open-access-book the author concludes that expertise could be the key factor for global and interconnected problems. Experimental results have shown that expertise was a stronger predictor than public information regarding change in behavior and strategy adaption. Identifying non-routine problem-solving experts by efficient online assessments could lead to less volatile system performance, from which all decision-makers could potentially profit.
URI
https://library.oapen.org/handle/20.500.12657/48272
Keywords
Management; Operations Research/Decision Theory; Operations Research and Decision Theory; Uncertainty; Decision-making; Interpretation; Complexity; Information; Routine; Open Access; Management & management techniques; Operational research; Management decision making
DOI
10.1007/978-3-658-33139-9
ISBN
9783658331399, 9783658331399
Publisher
Springer Nature
Publisher website
https://www.springernature.com/gp/products/books
Publication date and place
2021
Imprint
Springer Fachmedien Wiesbaden
Series
FOM-Edition Research,
Classification
Management and management techniques
Operational research
Pages
185
Rights
https://creativecommons.org/licenses/by/4.0/