Is Specialization Desirable in Committee Decision Making?

Ruth Ben-Yashar, Bar-Ilan University
Winston T.H. Koh, Singapore Management University 
Shmuel Nitzan, Bar-Ilan University

Abstract. 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.

JEL Codes: D81, D71

Keywords: project selection, public policy, collective decision making, committee, uncertain dichotomous choice, specialization, simple majority rule