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 …

. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …

affects the behavior of committee members and the decision-making accuracy. Our theoretical analysis generates two major …

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 …

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 …

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for …

We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced … volume and price volatility. We also find an unexpected gender effect in team composition, manifesting itself in more extreme … participants generally, we conjecture that they may be due to factors specific to the psychology of decision-making in male …