affects the behavior of committee members and the decision-making accuracy. Our theoretical analysis generates two major … the probabilities of project implementation as well as welfare (despite differences in individual voting behavior). Second …

We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information …

We investigate the potential of transparency to influence committee decision-making. We present a model in which career … affects information aggregation at the deliberation and voting stages, leading to sharply different committee error rates than …

This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule …. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members … optimal. In other words, decision makers with different skill levels should not generally be evenly divided among the …

We examine whether biases identified in the behavioral-economics literature apply in decision-making for others (DMfO …). We conduct a laboratory experiment in which subjects make decision on behalf of themselves and others in eighteen tasks …

group members are critical for determining group outcomes. -- Group behavior ; teams ; decision making ; social preferences …

We study the impact of team decision making on market behavior and its consequences for subsequent individual … specific, performance feedback. Some teams even perform better than the best individuals. The experience of team decision …

difficult version. Implications are drawn on when to employ groups rather than individuals in decision making. …

individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing … favor of a break-up of the global group. Voting for a break-up of the global group is more likely when global group members …