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

Strunz, Ulrich G,

The Impact of Individual Expertise and Public Information on Group Decision-Making - Springer Nature 2021 - 1 online resource (185 pages) - FOM-Edition Research .

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.

Decision-Making Management Operations Research And Decision Theory Operations Research/Decision Theory Uncertainty

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