首页 | 本学科首页   官方微博 | 高级检索  
     


Robustness of optimal decision rules where one of the team members is exceptionally qualified
Authors:Drora Karotkin  Jacob Paroush
Affiliation:(1) Department of Economics, Bar-Ilan University, Ramat-Gan, 52900, Israel
Abstract:This work investigates the robustness of optimal decision rules under a changing size of a decision group where the competence of one member is outstanding while the others possess an identical competence. More specifically, we focus on the expert rule, the almost expert rule and the tie-breaking chairperson rule. We first establish criteria for the optimality of each of these rules and then use it to investigate their robustness. Robustness is an important property of decision rules, especially when cost of adjustment to a new rule is high. Our findings are that the expert rule and the chairperson rule are robust while the almost expert rule is not.
Contact InformationDrora KarotkinEmail:
Keywords:
本文献已被 SpringerLink 等数据库收录!
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号