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Combining experts: decomposition and aggregation order.

Erin Baker1, Olaitan Olaleye

  • 1University of Massachusetts, Amherst, MA, USA. edbaker@ecs.umass.edu

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Summary
This summary is machine-generated.

Combining experts before recomposing decomposed quantities in elicitation tasks leads to reduced errors and variance. This approach can significantly improve decision-making accuracy in specific scenarios.

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Area of Science:

  • Decision Analysis
  • Expert Elicitation
  • Quantitative Methods

Background:

  • Expert elicitation is crucial for decision-making under uncertainty.
  • Decomposition of quantities is a common technique to simplify complex elicitation tasks.
  • The optimal aggregation strategy for expert judgments after decomposition is not well-established.

Purpose of the Study:

  • To investigate the impact of the timing of expert aggregation on the accuracy of elicited quantities.
  • To compare two distinct expert judgment aggregation strategies: combining experts before recomposition versus after recomposition.

Main Methods:

  • The study employed both simulation modeling and application to real-world data.
  • Expert judgments on decomposed quantities were aggregated at different stages of the recomposition process.
  • Error metrics and variance were used to evaluate the performance of each aggregation strategy.

Main Results:

  • Combining experts earlier in the process, before recomposing quantities, consistently resulted in lower errors.
  • This early aggregation strategy also led to a reduction in the variance of the elicited quantities.
  • While simulation indicated potentially small average differences, real-world data demonstrated significant impacts on individual decision problems.

Conclusions:

  • Aggregating expert judgments prior to recomposing decomposed quantities is a more effective strategy for improving accuracy and reducing uncertainty.
  • The findings have practical implications for designing more robust expert elicitation protocols.
  • Decision-makers should consider the timing of expert aggregation to optimize the reliability of elicited information.