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Factors affecting expert performance in bid evaluation: An integrated approach.

Li Wang1,2, Kunhui Ye1,3, Yu Liu2

  • 1School of Management Science and Real Estate, Chongqing University, Chongqing, China.

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|August 22, 2022
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Expert performance is influenced by both individual cognition and the environment. Improving situation perception and strengthening expertise through deliberate practice enhances expert decision-making in management and bid evaluations.

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MICMAC-ISM approachcognitive psychologyexpert performancesituation perceptionsupervision

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Area of Science:

  • Cognitive Psychology
  • Management Science
  • Decision Science

Background:

  • Expert performance is critical for management decision-making.
  • Existing research inadequately explains the interplay between individual cognition and environmental factors influencing experts.
  • Understanding these two dimensions is key to improving expert outcomes.

Purpose of the Study:

  • To identify and analyze factors affecting expert performance in bid evaluation.
  • To investigate the interdependence between cognitive and environmental factors.
  • To propose a novel tool and framework for enhancing expert performance.

Main Methods:

  • Identification of 14 key factors influencing expert performance.
  • Application of cross-impact matrix multiplication to analyze factor interdependence.
  • Examination of expert performance within a person-environment system.

Main Results:

  • A significant interdependence exists between cognitive and environmental factors.
  • Poor situation perception is a primary cause of expert performance deviation.
  • External supervision and expertise development are crucial for performance improvement.

Conclusions:

  • Expert performance is a complex interplay within a person-environment system.
  • Targeted interventions, including deliberate practice and enhanced supervision, can optimize expert performance.
  • The study offers a new research tool and practical guidelines for workplace application.