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Expert Judgment

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May 2, 2024 3 minute read

Expert Judgment is a widely used and powerful technique for making decisions and predictions when faced with uncertainty and a lack of data. It involves eliciting and combining judgments from a group of experts to reach a consensus view on the issue at hand. This technique is frequently applied in various fields, including risk assessment, policy analysis, forecasting, and business decision-making.

Why Learn Expert Judgment?

There are numerous advantages to learning Expert Judgment. Firstly, it provides a structured and systematic approach to incorporating expert knowledge into decision-making, ensuring that judgments are made in a consistent and unbiased manner. Secondly, it helps in aggregating diverse perspectives and identifying areas of agreement and disagreement among experts, leading to a more comprehensive understanding of the issue.

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Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Expert Judgment.
Argues that the collective judgment of a group of experts can often be more accurate than the judgment of any individual expert.
Collection of articles that provide an overview of the interdisciplinary field of judgment and decision making.
Comprehensive handbook that provides an overview of the field of judgment and decision making.
Table of Contents
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