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

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

Ulrich G. Strunz

Format: Print Book

ISBN: 9783658331382

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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.

Publication Year: 2021
Imprint: Springer Fachmedien Wiesbaden








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