The Impact of Individual Expertise and Public Information on Group Decision-Making
- ISBN-10
- 3658331380
- ISBN-13
- 9783658331382
- Category
- Business & Economics
- Pages
- 185
- Language
- English
- Published
- 2021-04-18
- Publisher
- Springer Gabler
- Author
- Ulrich G. Strunz
Description
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.
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