Team decision-making prevails in modern organizations. Teams often need to decide whether to delegate or make a … decision themselves. Recent work has found that many individuals assign a significantly positive intrinsic value to having a … decision right, which may distort the choice between delegating a decision or not. Here we examine experimentally whether teams …

same as team decisions. This finding bridges theliterature on team decision making and on group membership effects. …

Even though decision-making in small teams is pervasive in business and in private life, littleis known about subjects …’ preferences with respect to individual and team decision-making andabout the consequences of respecting these preferences. We … decision-making. About 60% of subjects prefer to act in a team, and teams win thegame significantly more often than individuals …

We examine the influence of team size on decision making in a beauty-contest experiment.Teams with four members … outperform teams with two members and single personssignificantly, whereas the latter two types of decision makers do not differ. …

Economics has devoted little attention so far as to whether the type of decision maker matters for economic decisions … findings suggest that groups are not smarter decision makers per se, but that they learn faster than individuals. When …

depend on the speed of decision-making, like, for instance, when buying and selling stocks. In this paper, we examine the … influence of time pressure and time-dependent incentive schemes on the quality of decision-making in an experimental beauty … pressure. Interestingly, time-dependent payoffs under high time pressure lead to significantly quicker decision-making without …

We study the influence of gender on economic decision making in a two-person bargaining game. By testing hypotheses …