The Impact of Individual Expertise and Public Information on Group Decision-Making
| Author | : Ulrich G. Strunz |
| Publisher | : Springer Nature |
| Total Pages | : 197 |
| Release | : 2021-07-04 |
| ISBN-10 | : 9783658331399 |
| ISBN-13 | : 3658331399 |
| Rating | : 4/5 (99 Downloads) |
Book Synopsis The Impact of Individual Expertise and Public Information on Group Decision-Making by : Ulrich G. Strunz
Download or read book The Impact of Individual Expertise and Public Information on Group Decision-Making written by Ulrich G. Strunz and published by Springer Nature. This book was released on 2021-07-04 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
