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Collective intertemporal decisions and heterogeneity in groups
Glätzle-Rützler, Daniela; Lergetporer, Philipp; … - 2019
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
Persistent link: https://www.econbiz.de/10012019615
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Collective intertemporal decisions and heterogeneity in groups
Glätzle-Rützler, Daniela; Lergetporer, Philipp; … - 2019
, because the economics literature on group decision making has, so far, assumed homogeneity within groups. In a lab experiment …
Persistent link: https://www.econbiz.de/10012029172
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Collective intertemporal decisions and heterogeneity in groups
Glätzle-Rützler, Daniela; Lergetporer, Philipp; … - 2021
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012418242
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Collective intertemporal decisions and heterogeneity in groups
Glätzle-Rützler, Daniela; Lergetporer, Philipp; … - 2021
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012415076
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Deception under time pressure : conscious decision or a problem of awareness?
Konrad, Kai A.; Lohse, Tim; Simon, Sven A. - 2017
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition … process about the deception opportunity. We find that time pressure leads to more honesty compared to sufficient contemplation …
Persistent link: https://www.econbiz.de/10011723505
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Same process, different outcomes : group performance in an acquiring a company experimen
Casari, Marco; Zhang, Jingjing; Jackson, Christine - 2015
It is still an open question when groups perform better than individuals in intellective tasks. We report that in an Acquiring a Company game, what prevailed when there was disagreement among group members was the median proposal and not the best proposal. This aggregation rule explains why...
Persistent link: https://www.econbiz.de/10011449224
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Is fairness intuitive? : an experiment accounting for the role of subjective utility differences under time pressure
Merkel, Anna; Lohse, Johannes - 2016
Economists are increasingly interested in the cognitive basis of pro-social behavior. Using response time data, several authors have claimed that "fairness is intuitive". In light of conflicting empirical evidence, we provide theoretical arguments showing under which circumstances an increase...
Persistent link: https://www.econbiz.de/10011616655
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Error-Prone Inference from Response Time : The Case of Intuitive Generosity in Public-Good Games
Recalde, Maria P. - 2018
Previous research on public-good games revealed greater contributions by fast decision-makers than by slow decision-makers. Interpreting greater contributions as generosity, this has been seen as evidence of generosity being intuitive. We caution that fast decisions are more prone to error, and...
Persistent link: https://www.econbiz.de/10012925616
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Are Team Members Less Inequality Averse than Individual Decision Makers?
He, Haoran - 2015
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
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Giving According to Preferences : Decision-Making in the Group Dictator Game
Franzen, Axel - 2014
between themselves and a group of recipients. The experiment consists of two stages: first, individuals play a standard …
Persistent link: https://www.econbiz.de/10013051139