Hizen, Yoichi; Kawata, Keisuke; Sasaki, Masaru - Graduate School of Economics, Osaka University - 2011
The objective of this paper is to design a laboratory experiment for an infinite-horizon sequential committee search … find that, compared with single- agent search, the search duration is longer for committee search under the unanimity rule …, but is shorter for committee search in which at least one vote is required to stop searching. In addition, according to …