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students acted as ersatz central bankers, making monetary policy decisions both as individuals and in groups. In this study, we …
Persistent link: https://www.econbiz.de/10012759844
Two laboratory experiments - one a statistical urn problem, the other a monetary policy experiment - were run to test the commonly-believed hypothesis that groups make decisions more slowly than individuals do. Surprisingly, this turns out not to be true there is no significant difference in...
Persistent link: https://www.econbiz.de/10013247633
students acted as ersatz central bankers, making monetary policy decisions both as individuals and in groups. In this study, we …
Persistent link: https://www.econbiz.de/10012465259
Two laboratory experiments - one a statistical urn problem, the other a monetary policy experiment - were run to test the commonly-believed hypothesis that groups make decisions more slowly than individuals do. Surprisingly, this turns out not to be true there is no significant difference in...
Persistent link: https://www.econbiz.de/10012470828