The Impact of Individual Expertise and Public Information on Group Decision-Making
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.
KeywordsManagement; 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
Publication date and place2021
ImprintSpringer Fachmedien Wiesbaden
Management & management techniques