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

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 pro...

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Bibliographic Details
Main Author: Strunz, Ulrich G.
Format: eBook
Language:English
Published: Springer Nature 2021
Series:FOM-Edition Research
Subjects:
Uncertainty
Operations Research/decision Theory
Open Access
Management Decision Making
Operational Research / Bicssc
Routine
Operational Research
Management
Interpretation
Management & Management Techniques
Operations Research And Decision Theory
Decision-making
Complexity
Management & Management Techniques / Bicssc
Information
Online Access:
Collection: Directory of Open Access Books - Collection details see MPG.ReNa
Description
Summary: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.
Item Description:Creative Commons (cc), https://creativecommons.org/licenses/by/4.0/
Physical Description:1 electronic resource (185 p.)
ISBN:978-3-658-33139-9
9783658331399

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