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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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Inefficient group organization as optimal adaption to dominant environments
Kolmar, Martin; Wagener, Andreas - 2010
Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10008653415
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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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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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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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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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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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Mergers, investment decisions and internal organisation
Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2003
We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of horizontal mergers. In our framework economies of scale are endogenous and there might be internal conflict within merged firms. We show that often stable mergers do not lead to more...
Persistent link: https://www.econbiz.de/10011507904
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Collective risk-taking decisions with heterogeneous beliefs
Gollier, Christian - 2003
Suppose that a group of agents having divergent expectations can share risks efficiently. We examine how this group should behave collectively to manage these risks. We show that the beliefs of the representative agent is in general a function of the group.s wealth level, or equivalently, that...
Persistent link: https://www.econbiz.de/10011507677
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Collective investment decision making with heterogeneous time preferences
Gollier, Christian; Zeckhauser, Richard - 2003
We examine the investment decision problem of a group whose members have heterogeneous time preferences. In particular, they have different discount factors for utility, possibly not exponential. We characterize the properties of efficient allocations of resources and of shadow prices that would...
Persistent link: https://www.econbiz.de/10011507695