We introduce "group cohesion" to study the economic relevance of social relationships in team production. We …

We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a … common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately …

We report an experiment examining risk taking and information aggregation in groups. Group members come to the table … with an individual preference for a choice under risk, based on privately received information, and can share this … information with fellow group members. They then make a decision under risk on behalf of the group using a random dictatorship …

chosen under the veil of ignorance. In our experiment, individuals choose voting rules for given distributions of gains and …

This paper reports on an experiment designed to examine the effects of small-scale changes in wealth on risk attitudes …. We find that the money given prior to risky choices does not induce a change of subjects' risk preferences. This result … given to subjects in our experiment is administered in between risky tasks and framed as a reward rather than a windfall …

This paper reports an experiment designed to test whether prior consultation within a group affects subsequent … individual decision making in tasks where demonstrability of correct solutions is low. In our experiment subjects considered two …