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 …

of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to … ; individual decision-making ; team decision-making ; experience-weighted attraction learning ; experiment …

"Among economists, there is increased recognition of the role individuals' identities play in decision-making. In this …

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

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 …

. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …

In this paper, we examine the determinants of decision-making power by children and young adolescents. Moving beyond … of parental control of child behavior and child resistance. Using child reports of decision-making and psychological and … cognitive measures from the NLSY79 Child Supplement, we examine the determinants of shared and sole decision-making in seven …