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

  • Book
  • Open Access
  • © 2021

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Overview

Part of the book series: FOM-Edition Research (FOMER)

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Table of contents (8 chapters)

Keywords

About this book

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.

 

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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