Showing 1 - 10 of 267
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 payoffs. We find that groups which disagree initially are more likely to end up …
Persistent link: https://www.econbiz.de/10012383716
performance. The two cases reveal that it may be optimal to organize production as a team where only aggregate output is … observable. A team incentive scheme, where each agent is paid a bonus for aggregate output above a threshold, is optimal in case … (a). The team's efficiency may increase considerably with size if outputs are negatively correlated. Under (b) a …
Persistent link: https://www.econbiz.de/10010349864
Between and within firms, work teams compete against each other and receive feedback on how well their team is … performing relative to their benchmarks. In this paper we investigate experimentally how teams respond to relative performance … feedback (RPF) at team level. We find that when subjects work under team incentives, then RPF on team performance increases the …
Persistent link: https://www.econbiz.de/10011793858
political appointment influences voting behavior. -- decision making in committees ; minority voting ; policy preferences …
Persistent link: https://www.econbiz.de/10009732996
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …Many important intertemporal decisions, such as investments of firms or households, are made by groups rather than … three-person groups behave more patiently than individuals and that this effect is driven by the presence of at least one …
Persistent link: https://www.econbiz.de/10012029172
We determine the scoring rule that is most likely to select a high-ability candidate. A major result is that neither the widely used plurality rule nor the inverse-plurality rule are ever optimal, and that the Borda rule is hardly ever optimal. Furthermore, we show that only the almostplurality,...
Persistent link: https://www.econbiz.de/10011789019
team projects. …
Persistent link: https://www.econbiz.de/10013440406
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 groups and mixed groups than in female groups. …
Persistent link: https://www.econbiz.de/10010412393
, regardless of the team decision rule. Overall, teams yield higher payoffs than individuals. … decision-making rules (unanimity, majority). We find that teams contribute significantly more and punish less than individuals …Many decisions in politics and business are made by teams rather than by single individuals. In contrast, economic …
Persistent link: https://www.econbiz.de/10010189837
. When coordinating their compliance decision teams predominately discuss the risk of getting caught in an audit, and team …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 …
Persistent link: https://www.econbiz.de/10012064889