Showing 1 - 10 of 143
This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...
Persistent link: https://www.econbiz.de/10011272198
-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …
Persistent link: https://www.econbiz.de/10009358877
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010817242
's advantage. Consequently, pre-election polls do not exhibit the detrimental welfare effects that extant theoretical work predicts …
Persistent link: https://www.econbiz.de/10010817247
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal sized groups compete for a prize that is shared equally among members of the winning group, regardless of their (costly) contributions to the group’s success. We find that...
Persistent link: https://www.econbiz.de/10010817248
Traditionally, the virtue of democratic elections has been seen in their role as means of screening and sanctioning shirking public officials. This paper proposes a novel rationale for elections and political campaigns considering that candidates incur psychological costs of lying, in particular...
Persistent link: https://www.econbiz.de/10004969086
We study the effects of deliberation on collective decisions. In a series of experiments, we vary groups' preference distributions (between common and conflicting interests) and the institutions by which decisions are reached (simple majority, two-thirds majority, and unanimity). When...
Persistent link: https://www.econbiz.de/10005015172
, including those where institutions govern only a subset of players. The experiment confirms that institutions are formed …
Persistent link: https://www.econbiz.de/10005627839
Authority and power permeate political, social, and economic life, but empirical knowledge about the motivational origins and consequences of authority is limited. We study the motivation and incentive effects of authority experimentally in an authority-delegation game. Individuals often retain...
Persistent link: https://www.econbiz.de/10011240402
We design a laboratory experiment to identify causal performance effects of top-down communication between managers and …
Persistent link: https://www.econbiz.de/10010775170