Research Grant
[Cite as http://purl.org/au-research/grants/arc/LP160101460]Researchers: Prof Stephen Begg (Chief Investigator) , Mr Adam Hill (Partner Investigator) , Mr Jeremy Simpson (Partner Investigator) , Mr Mark Baker (Partner Investigator) , Ms Amena Gorgehpour (Partner Investigator)
Brief description Developing group-based elicitation methods to improve decision making. This project aims to develop an elicitation methodology enabling multiple members of a team to contribute to the same technical problem - enabling expertise to be accurately combined while avoiding group and individual sources of bias. Good elicitation methods minimise bias in estimates and forecasts - which otherwise erode value and lead to sub-optimal decision making. Existing methods, however, ignore group structures; that is that decisions made by, or on, the advice of teams have different characteristics than individual decisions and often preclude the use of methods designed to limit individuals' biases. By encoding the method into a computerised tool the project will assist public and private sector enterprises to improve group decision making.
Funding Amount $311,000
Funding Scheme Linkage Projects
- ARC : LP160101460
- PURL : http://purl.org/au-research/grants/arc/LP160101460
