Ebook: The Impact of Individual Expertise and Public Information on Group Decision-Making
Author: Ulrich G. Strunz
- Tags: BUS041000, BUS049000, NON000000
- Series: FOM-Edition Research Series
- Year: 2021
- Publisher: Springer Fachmedien Wiesbaden GmbH
- City: Wiesbaden, GERMANY
- Edition: 1
- Language: English
- pdf
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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