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The most effective method for aggregating the conflicting opinions of experts is a subject of active debate in the literature. Task differences are most often used to explain differing results among studies. Alternatively, we suggested that the characteristics of the interacting groups themselves determine whether they outperform or underperform their equivalent composites. Expert loan officers serving in ad hoc and practiced groups, on average, performed equally as well as did their composite and most influential individual. However, whether a particular group outperformed or underperformed its composite could be explained by variation in group members' performances and abilities to recognize differential expertise. These findings suggest the circumstances in which alternative social decision schemes are likely to be more effective. They also support the usefulness of conceptualizing group judgment as a weighted combination of the opinions of group members whereby the allocation of weights to members is the critical issue.
Libby et al. (Sun,) studied this question.
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