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While most papers_new on team decision-making find teams to behave more selfish, less trusting and less altruistic than …-subjects design we re-examine group polarization by letting subjects make individual as well as team decisions in an experimental … dictator game. In our experiment teams are more selfish than individuals, and the most selfish team member has the strongest …
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We study a model of collective decision making with endogenous information collection.Agents collect information about … decision is made. The reason for this result is that communicationmay aggravate the free-rider problem associated with …
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This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. We derive an algorithm to calculate firm-level demand for any given graph, conditional on prices and firm locations. These graph models of price competition may lead to spatial...
Persistent link: https://www.econbiz.de/10010412476
This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. I propose an algorithm to calculate firm-level demand for anygiven graph, conditional on prices and firm locations. These graph models of price competitionmay lead to spatial...
Persistent link: https://www.econbiz.de/10011382641
This paper provides experimental evidence showing that indirectreciprocity may important in economic decision making … against a certain cost or not tohelp, enduring no costs. We observe that many decision makers respondto the information we …
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