Charness, Gary; Karni, Edi; Levin, Dan - 2009
literature in economics on social interaction with individual decision-making.
Charness, Rigotti, and Rustichini (2007) shows … Gonzalez [1995] and references therein) and, in economics an entire field is devoted to the
study of collective decision … suggests that the conjunction fallacy is a phenomenon of no serious
concern for economics.
A subsidiary finding (also found …