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Most of the system dynamics studies that evaluate decision making in complex dynamic task focus on the evaluation of performance over repeated trials and on the effectiveness of different instructional strategies as far as performance is concerned. Especially when a strategy seems to yield...
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In an experiment, we study risk-taking of cohabitating student couples, finding that couples' decisions are closer to risk-neutrality than single partners' decisions. This finding is similar to earlier experiments with randomly assigned groups, corroborating external validity of earlier results.
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Research has repeatedly shown that when groups whose members have varying expertise are combined to make a decision, they tend to discuss common information at a higher rate than unique information, hindering their ability to make the best decision. In response to these findings and the fact...
Persistent link: https://www.econbiz.de/10009474987
This study aims to evaluate the crowdfunding alternatives regarding new service development process pathways of clean energy investment projects. In this framework, a new model has been generated by considering the consensus-based group decision-making with incomplete preferences, Pythagorean...
Persistent link: https://www.econbiz.de/10012602914
This paper presents a laboratory experiment to measure the effect of group membership on individual behavior in modified dictator games. The results suggest that this effect is influenced by the degree of group membership saliency. A within-subject design is employed: in stage 1, each subject...
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