Bougheas, Spiros; Nieboer, Jeroen; Sefton, Martin - In: Journal of Economic Behavior & Organization 92 (2013) C, pp. 273-283
individuals in the investment task; content analysis of group discussions reveals that higher risk-taking in groups is positively …We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an … incentivized investment task. We compare consultation to two benchmark treatments: one with isolated individual choices, and a …