, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …

where teams make decisions. -- deception ; expectations ; team decision making ; individual decision making ; experiment …Informational asymmetries abound in economic decision making and often provide an incentive for deception through … telling a lie or misrepresenting information. In this paper I use a cheap-talk sender-receiver experiment to show that telling …

math grades are more strategic. -- strategic thinking ; beliefs ; experiment ; age ; adolescents …

only 40% for individuals. -- strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …

-eyes principle, a common practice in the finance industry, we investigate decision-making both individually and in pairs. We find …

situations are characterized by a very short time frame for decision making. Preferences are potentially susceptible to the …

information is potentially erroneous. In our laboratory experiment, subjects purchase products associated with co …