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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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works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
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There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...
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structure within an organisation, it ignores the decision-making mechanisms completely. The few studies which take into account … the decision-making mechanisms make all use of adaptations of well-established approaches for the analysis of power in non … cannot be extended to a class of decision-making mechanisms which allow certain actors to terminate a decision before all …
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