decision. We report results from lab experiments focused on such information-collection processes. We consider decisions … decision accuracies over time. Furthermore, groups using majority rule yield especially hasty and inaccurate decisions …

We develop a dynamic model of board decision-making. We show that a board could retain a policy all directors agree is …

decision-makers in a hierarchical organization. We examine the role played by the architecture of a multi-tier authority and … bargaining sequence proceeds as a chain through decision-making agents, regardless of the hierarchy of the organization. We prove … the existence of a compromised equilibrium, where the decision of the authority is compromised, and establish sufficient …

Collective decision making requires preference aggregation even if no ideal aggregation method exists (Arrow, 1950). We …

A central feature of dynamic collective decision-making is that the rules that govern the procedures for future … decision-making and the distribution of political power across players are determined by current decisions. For example … dynamic collective decision-making: (1) a social arrangement is made stable by the instability of alternative arrangements …

not to be true there is no significant difference in average decision lags. Furthermore, and also surprisingly, there is … no significant difference in the decision lag when groups decisions are made by majority rule versus when they are made …