Hizen, Yoichi; Kawata, Keisuke; Sasaki, Masaru - In: European Economic Review 61 (2013) C, pp. 59-76
The objective of this paper is to design a laboratory experiment for an infinite-horizon sequential committee search model in order to test some of the implications obtained by the model in Albrecht et al. (2010) (AAV). We find that, compared with single-agent search, the search duration is...