Narrow search
Showing 1 - 10 of 142
Cover Image
Does consultation improve decision making?
Isopi, Alessia; Nosenzo, Daniele; Starmer, Chris - 2011
This paper reports an experiment designed to test whether prior consultation within a group affects subsequent …
Persistent link: https://www.econbiz.de/10010392423
Cover Image
Naivety about hidden information: An experimental investigation
Montero Muñoz, María; Sheth, Jesal D. - 2019
features of the decision environment, namely the availability of opportunities to communicate with others (Consultation … across the Consultation and Context treatments relative to the Baseline implying that naivety about hidden information is a …
Persistent link: https://www.econbiz.de/10012389683
Cover Image
Risk taking and information aggregation in groups
Bougheas, Spiros; Nieboer, Jeroen; Sefton, Martin - 2015
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 observed signals and signals reported from others. We find...
Persistent link: https://www.econbiz.de/10011444297
Cover Image
Risk taking and information aggregation in groups
Bougheas, Spiros; Nieboer, Jeroen; Sefton, Martin - 2014
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...
Persistent link: https://www.econbiz.de/10010392398
Cover Image
Risk-taking in social settings: Group and peer effects
Bougheas, Spiros; Nieboer, Jeroen; Sefton, Martin - 2013
We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an … incentivized investment task. We compare consultation to two benchmark treatments: one with isolated individual choices, and a … correlated with mentions of expected value. In our consultation treatments, we find evidence of peer effects: decisions within …
Persistent link: https://www.econbiz.de/10010392406
Cover Image
Risk taking in social settings: Group and peer effects
Bougheas, Spiros; Nieboer, Jeroen; Sefton, Martin - 2013
We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an … risk than individuals in the investment task . In our consultation treatments we find evidence of peer effects: there is …
Persistent link: https://www.econbiz.de/10010392408
Cover Image
Risk taking in diverse groups: Gender matters
Nieboer, Jeroen - 2013
Using an experiment with incentivized decisions of groups in the economics laboratory, I investigate the effect of group diversity on group risk taking. I measure econometrically the effects of various aspects of subjects' diversity: nationality, language, university degree and gender. I find...
Persistent link: https://www.econbiz.de/10010392433
Cover Image
Friends or strangers? Strategic uncertainty and coordination across experimental games of strategic complements and substitutes
Chierchia, Gabriele; Tufano, Fabio; Coricelli, Giorgio - 2018
It is commonly assumed that friendship should generally benefit agents' ability to tacitly coordinate with others. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and substitutes. We present an experimental study in which...
Persistent link: https://www.econbiz.de/10012029779
Cover Image
Friends or strangers? Strategic uncertainty and cooperation across experimental games of strategic complements and substitutes
Chierchia, Gabriele; Tufano, Fabio; Coricelli, Giorgio - 2017
It is commonly assumed that friendship should decrease strategic uncertainty in games involving tacit coordination. However, this has never been tested on two "opposite poles" of coordination, namely, games of strategic complements and substitutes. We present an experimental study having...
Persistent link: https://www.econbiz.de/10012029796
Cover Image
The differential impact of friendship on cooperative and competitive coordination
Chierchia, Gabriele; Tufano, Fabio; Coricelli, Giorgio - 2020
Friendship is commonly assumed to reduce strategic uncertainty and enhance tacit coordination. However, this assumption has never been tested across two opposite poles of coordination involving either strategic complementarity or substitutability. We had participants interact with friends or...
Persistent link: https://www.econbiz.de/10012389696