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diversity (i.e., within the team) as well as vertical diversity (i.e., team to faculty advisor) and their effect on performance …We study the role of diversity and performance in the entrepreneurial teams. We exploit a unique dataset of MBA …. The design of the course allows for identification of the causal implications of horizontal and vertical diversity. The …
Persistent link: https://www.econbiz.de/10012510562
decision. We report results from lab experiments focused on such information-collection processes. We consider decisions … decision accuracies over time. Furthermore, groups using majority rule yield especially hasty and inaccurate decisions …
Persistent link: https://www.econbiz.de/10012794585
We present the results from a field experiment on team diversity. Individuals working as door-to-door canvassers for a … teammates and their supervisor) and external diversity (between teams and the individuals they canvassed). We observe team … created random variation within teams in the degree of horizontal diversity (between teammates), vertical diversity (between …
Persistent link: https://www.econbiz.de/10012510534
In polarized committees, majority voting disenfranchises the minority. Allowing voters to spend freely a fixed budget of votes over multiple issues restores some minority power. However, it also creates a complex strategic scenario: a hide-and-seek game between majority and minority voters that...
Persistent link: https://www.econbiz.de/10012456444
We develop a dynamic model of board decision-making. We show that a board could retain a policy all directors agree is … entrenched CEO. We explore how to compose boards and appoint directors to mitigate deadlock. We find that board diversity and …
Persistent link: https://www.econbiz.de/10012480101
model of team production where workers "trade tasks" to exploit their comparative advantage. In the model, social skills …
Persistent link: https://www.econbiz.de/10012457195
when a decision is complex, they implicitly treat different time delays to some degree alike. By experimentally measuring … when the decision environment is more complex. Third, cognitive uncertainty matters for choice architecture: people who are …
Persistent link: https://www.econbiz.de/10012794605
Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called "bounded rationality …
Persistent link: https://www.econbiz.de/10012457832
Financial decisions, be they related to asset building or debt management, require the capacity to do calculations, including some complex ones. But how numerate are individuals, in particular when it comes to calculations related to financial decisions? Studies and surveys implemented in both...
Persistent link: https://www.econbiz.de/10012460837
Using a high-stakes field experiment conducted with a financial brokerage, we implement a novel design to separately …
Persistent link: https://www.econbiz.de/10012460419