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Over-caution of large committees of experts
Midjord, Rune; Rodríguez Barraquer, Tomás; Valsek, … - 2014
In this paper, we consider a committee of experts that decides whether to approve or reject a proposed innovation on behalf of society. In addition to a payoff linked to the adequateness of the committee's decision, each expert receives a disesteem payoff if he/she voted in favor of an ill-fated...
Persistent link: https://www.econbiz.de/10010356364
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Ideological motives and group decision-making
Engl, Florian - 2020
This paper studies experimentally when and how ideological motives shape outcomes in group decision-making scenarios. Groups play a repeated coordination game in which they can agree on a payoff-dominant or a payoff-dominated but ideologically preferred outcome, or disagree and forego all...
Persistent link: https://www.econbiz.de/10012383716
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Gender differences in honesty : groups versus individuals
Mühlheußer, Gerd; Roider, Andreas; Wallmeier, Niklas - 2014
Extending the die rolling experiment of Fischbacher and Föllmi-Heusi (2013), we compare gender effects with respect to unethical behavior by individuals and by two-person groups. In contrast to individual decisions, gender matters strongly under group decisions. We find more lying in male...
Persistent link: https://www.econbiz.de/10010412393
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Teams punish less
Auerswald, Heike; Schmidt, Carsten; Thum, Marcel; … - 2013
investigates team decisions in different settings. We study team decisions in a public goods contribution game with a costly … punishment option and compare it to the behavior of individuals in a laboratory experiment. We also consider different team …, regardless of the team decision rule. Overall, teams yield higher payoffs than individuals. …
Persistent link: https://www.econbiz.de/10010189837
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Compliance in teams - implications of Joint decisions and shared consequences
Lohse, Tim; Simon, Sven A. - 2019
In today's business environment, team work is omnipresent. But might teams be more prone toward non-compliance with … of teams' compliance behavior. In particular, we disentangle the effect of deciding jointly as a team of two from sharing … the economic consequences among both team members. Our findings provide evidence that teams are substantially less …
Persistent link: https://www.econbiz.de/10012064889
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Measuring "group cohesion" to reveal the power of social relationships in team production
Gächter, Simon; Starmer, Chris; Tufano, Fabio - 2022
We introduce "group cohesion" to study the economic relevance of social relationships in team production. We …
Persistent link: https://www.econbiz.de/10013365380
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Conversations
Köster, Mats; Voss, Paul - 2023
range from echo chambers to team production. …
Persistent link: https://www.econbiz.de/10013543005
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Group identity and belief formation : a decomposition of political polarization
Bauer, Kevin; Chen, Yan; Hett, Florian; Kosfeld, Michael - 2023
How does group identity affect belief formation? To address this question, we conduct a series of online experiments with a representative sample of individuals in the US. Using the setting of the 2020 US presidential election, we find evidence of intergroup preference across three distinct...
Persistent link: https://www.econbiz.de/10014447732
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Voting on punishment systems within a heterogeneous group
Noussair, Charles; Tan, Fangfang - 2009
We consider a voluntary contributions game, in which players may punish others after contributions are made and observed. The productivity of contributions, as captured in the marginal-per-capita return, differs among individuals, so that there are two types: high and low productivity. Every two...
Persistent link: https://www.econbiz.de/10003882556
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Too many cooks? : committees in monetary policy
Berger, Helge (contributor); Nitsch, Volker (contributor) - 2008
Persistent link: https://www.econbiz.de/10003674426