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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Authors and Affiliations

Nürnberg, Germany

Ulrich G. Strunz

About the author

Dr. Ulrich G. Strunz is author of books about personal growth and cognitive automatisms. Since 2020 he is CEO of his family business Strunz GmbH and finished his PhD in the field of behavioral economics in the same year. He lectures „Decision-Oriented Management“ at FOM Hochschule Munich.

Bibliographic Information

Book Title: The Impact of Individual Expertise and Public Information on Group Decision-Making
Authors: Ulrich G. Strunz
Series Title: FOM-Edition Research
DOI: https://doi.org/10.1007/978-3-658-33139-9
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2021
Softcover ISBN: 978-3-658-33138-2Published: 20 March 2021
eBook ISBN: 978-3-658-33139-9Published: 19 March 2021
Series ISSN: 2524-7026
Series E-ISSN: 2524-7034
Edition Number: 1
Number of Pages: XVIII, 185
Number of Illustrations: 41 b/w illustrations
Topics: Management, Operations Research/Decision Theory

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Table of contents (8 chapters)

Front Matter

Back Matter

About this book