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they want to play. In this paper we conduct an experimental test of the decision to choose between a “tipping” game, in …
Persistent link: https://www.econbiz.de/10013024669
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for …
Persistent link: https://www.econbiz.de/10013315749
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members … optimal. In other words, decision makers with different skill levels should not generally be evenly divided among the …
Persistent link: https://www.econbiz.de/10013122583
, analyzing the relationship between the number of monetary policy decision-makers and monetary policy outcomes. Using a new data …
Persistent link: https://www.econbiz.de/10012753618
behalf of society. In addition to a payoff linked to the adequateness of the committee’s decision, each expert receives a …
Persistent link: https://www.econbiz.de/10013315597
A small committee has to approve/reject a project with uncertain return. Members have different preferences: some are value-maximizers, others are biased towards approval. We focus on the efficient use of scarce information when communication is not guaranteed, and we provide insights on the...
Persistent link: https://www.econbiz.de/10013110436
intuitive decision while others allow for extensive reflection time. To be able to pursue a deceptive strategy, however, a … dimension for dishonest decision-making and for the cognition process of the chance to deceive. We conduct a laboratory … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition …
Persistent link: https://www.econbiz.de/10012945055
than Italian-speaking children to delay gratification in an intertemporal choice experiment. This result is robust when …
Persistent link: https://www.econbiz.de/10013013093
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in …
Persistent link: https://www.econbiz.de/10012924978
models typically assume an individual rational decision maker. A rapidly growing body of (experimental) literature … punishment option and compare it to the behavior of individuals in a laboratory experiment. We also consider different team … decision-making rules (unanimity, majority). We find that teams contribute significantly more and punish less than individuals …
Persistent link: https://www.econbiz.de/10010697224