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Ability to make collective agreements determines life of many organizations. But does it matter for the decision to …
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We use a novel experimental design to identify subjects’ strategies in an infinitely repeated prisoners’ dilemma experiment. We ask subjects to design strategies that will play in their place. We find no clear evidence that eliciting strategies affected subjects’ behavior, supporting the...
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scarce literature on traditional food crops by analyzing the factors influencing (a) the households' decision to participate … finger millet group positively influences the decision to market finger millet. While female household members who do not …
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We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information … confirm the predicted trade-off, despite some deviations from theory on the individual level. …
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-maximizing recommendation on the basis of that signal. The individuals have identical preferences. The group makes a decision that maximizes the …
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