The Impact of Individual Expertise and Public Information on Group Decision-Making
Download or Read eBook The Impact of Individual Expertise and Public Information on Group Decision-Making PDF written by Ulrich G. Strunz and published by Springer Nature. This book was released on 2021-07-04 with total page 185 pages. Available in PDF, EPUB and Kindle.
Author | : Ulrich G. Strunz |
Publisher | : Springer Nature |
Total Pages | : 185 |
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
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.