Is Specialization Desirable in Committee Decision Making?

Committee decision making is examined in this study focusing on the role assigned to the committee members. In particular, we are concerned about the comparison between committee performance under specialization and non-specialization of the decision makers. Specialization (in the context of project...

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Main Authors: BEN-YASHAR, Ruth, KOH, Winston T. H., NITZAN, Shmuel
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Language:English
Published: Institutional Knowledge at Singapore Management University 2012
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Online Access:https://ink.library.smu.edu.sg/soe_research/1338
https://ink.library.smu.edu.sg/context/soe_research/article/2337/viewcontent/Specialization_desirable_committee_2012.pdf
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spelling sg-smu-ink.soe_research-23372018-05-14T00:38:34Z Is Specialization Desirable in Committee Decision Making? BEN-YASHAR, Ruth KOH, Winston T. H. NITZAN, Shmuel Committee decision making is examined in this study focusing on the role assigned to the committee members. In particular, we are concerned about the comparison between committee performance under specialization and non-specialization of the decision makers. Specialization (in the context of project or public policy selection) means that the decision of each committee member is based on a narrow area, which typically results in the acquirement and use of relatively high expertise in that area. When the committee members’ expertise is already determined, specialization only means that the decision of each committee member is based solely on his/her relatively high expertise area. This form of specialization is potentially inferior relative to non-specialization under which the decision of each committee member is based on different areas, not just his/her relatively high expertise area. Given that the expertise of the committee members is already determined but unknown, our analysis focuses on non-specializing individuals whose decision is based on a decision rule that does not require information on the decision-making skills. Under these realistic assumptions, non-specialization is shown to be preferable over specialization, depending on the aggregation rule applied by the committee. The significance of our approach is not limited to the specific results that we obtain. Rather, it should be viewed as a first step toward a deeper examination of the role of individual decision makers in enhancing the performance of collective decision making. 2012-03-01T08:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/1338 info:doi/10.1007/s11238-011-9260-9 https://ink.library.smu.edu.sg/context/soe_research/article/2337/viewcontent/Specialization_desirable_committee_2012.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Project selection Public policy Collective decision making Committee Uncertain dichotomous choice Specialization Simple majority rule Behavioral Economics Strategic Management Policy
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Project selection
Public policy
Collective decision making
Committee
Uncertain dichotomous choice
Specialization
Simple majority rule
Behavioral Economics
Strategic Management Policy
spellingShingle Project selection
Public policy
Collective decision making
Committee
Uncertain dichotomous choice
Specialization
Simple majority rule
Behavioral Economics
Strategic Management Policy
BEN-YASHAR, Ruth
KOH, Winston T. H.
NITZAN, Shmuel
Is Specialization Desirable in Committee Decision Making?
description Committee decision making is examined in this study focusing on the role assigned to the committee members. In particular, we are concerned about the comparison between committee performance under specialization and non-specialization of the decision makers. Specialization (in the context of project or public policy selection) means that the decision of each committee member is based on a narrow area, which typically results in the acquirement and use of relatively high expertise in that area. When the committee members’ expertise is already determined, specialization only means that the decision of each committee member is based solely on his/her relatively high expertise area. This form of specialization is potentially inferior relative to non-specialization under which the decision of each committee member is based on different areas, not just his/her relatively high expertise area. Given that the expertise of the committee members is already determined but unknown, our analysis focuses on non-specializing individuals whose decision is based on a decision rule that does not require information on the decision-making skills. Under these realistic assumptions, non-specialization is shown to be preferable over specialization, depending on the aggregation rule applied by the committee. The significance of our approach is not limited to the specific results that we obtain. Rather, it should be viewed as a first step toward a deeper examination of the role of individual decision makers in enhancing the performance of collective decision making.
format text
author BEN-YASHAR, Ruth
KOH, Winston T. H.
NITZAN, Shmuel
author_facet BEN-YASHAR, Ruth
KOH, Winston T. H.
NITZAN, Shmuel
author_sort BEN-YASHAR, Ruth
title Is Specialization Desirable in Committee Decision Making?
title_short Is Specialization Desirable in Committee Decision Making?
title_full Is Specialization Desirable in Committee Decision Making?
title_fullStr Is Specialization Desirable in Committee Decision Making?
title_full_unstemmed Is Specialization Desirable in Committee Decision Making?
title_sort is specialization desirable in committee decision making?
publisher Institutional Knowledge at Singapore Management University
publishDate 2012
url https://ink.library.smu.edu.sg/soe_research/1338
https://ink.library.smu.edu.sg/context/soe_research/article/2337/viewcontent/Specialization_desirable_committee_2012.pdf
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