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. (auth)
Format: Book Chapter
Published: Springer Nature 2021
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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.
Physical Description:1 electronic resource (185 p.)
ISBN:978-3-658-33139-9
9783658331399
Access:Open Access