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

Ulrich G. Strunz
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      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. 
      Format: Paperback / softback CONTRIBUTORS: Ulrich G. Strunz EAN: 9783658331382 COUNTRY: Germany PAGES: WEIGHT: 454 g HEIGHT: 210 cm
      PUBLISHED BY: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG DATE PUBLISHED: 2021-03-20 CITY: GENRE: BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Operations Research WIDTH: 148 cm SPINE:

      Book Themes:

      Management decision making, Operational research

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      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.
      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. 
      Format: Paperback / softback CONTRIBUTORS: Ulrich G. Strunz EAN: 9783658331382 COUNTRY: Germany PAGES: WEIGHT: 454 g HEIGHT: 210 cm
      PUBLISHED BY: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG DATE PUBLISHED: 2021-03-20 CITY: GENRE: BUSINESS & ECONOMICS / Management, BUSINESS & ECONOMICS / Operations Research WIDTH: 148 cm SPINE:

      Book Themes:

      Management decision making, Operational research

      Customer Reviews

      Be the first to write a review
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      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.

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