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Before a group can take a decision, its members must agree on a mechanism to aggregate individual preferences. In this paper we present the results of an experiment on the influence of private payoff information and the role of the available alternatives on individuals’ mechanism choices in...
Persistent link: https://www.econbiz.de/10011570166
Before a group can take a decision, its members must agree on a mechanism to aggregate individual preferences. In this paper we present the results of an experiment on the influence of private payoff information and the role of the available alternatives on individuals' mechanism choices in such...
Persistent link: https://www.econbiz.de/10012964326
We test for behavioral differences between groups and individuals in gift-exchange experiments. Related studies establish group behavior as typically closer to the game - theoretic equilibrium. We show that this result may depend crucially on the decision making procedure within groups. A novel...
Persistent link: https://www.econbiz.de/10014108168
Group decision-making processes are often adopted to strengthen social bonds. In this paper, I study experimentally the effects of group decision-making on social preferences towards group members, while distinguishing between participation and outcome effects. I find that participation in a...
Persistent link: https://www.econbiz.de/10012831530
's practical imperative. While we replicate the result that women tend to embrace deontological ethics more than men in personal …
Persistent link: https://www.econbiz.de/10012955391
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10013033505
We report results from a laboratory experiment that explores the effects of preference communication and leader …. We also find that preference communication by non-leaders is frequently strategic. …
Persistent link: https://www.econbiz.de/10010222348
When faced with the chance to help someone in mortal danger, what is our first response? Do we leap into action, only later considering the risks to ourselves? Or must instinctive self-preservation be overcome by will-power in order to act? We investigate this question by examining the testimony...
Persistent link: https://www.econbiz.de/10014146581
We review two fundamentally different ways that decision time is related to cooperation. First, studies have experimentally manipulated decision time to understand how cooperation is related to the use of intuition versus deliberation. Current evidence supports the claim that time pressure (and,...
Persistent link: https://www.econbiz.de/10014113978
Recent studies suggest that cooperative decision-making in one-shot interactions is a history-dependent dynamic process: promoting intuition versus deliberation has typically a positive effect on cooperation (dynamism) among people living in a cooperative setting and with no previous experience...
Persistent link: https://www.econbiz.de/10013028985