Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10001681114
Persistent link: https://www.econbiz.de/10003911955
Persistent link: https://www.econbiz.de/10003923686
Persistent link: https://www.econbiz.de/10008989120
Persistent link: https://www.econbiz.de/10008989123
Persistent link: https://www.econbiz.de/10009686009
This paper studies how groups resolve disagreement when they must reach unanimity after submitting individual proposals and exchanging text-form messages via a chat window in lottery choice experiments. We find that the majority proposal does not always prevail. The minority proposal prevails...
Persistent link: https://www.econbiz.de/10011651559
This paper studies how groups resolve disagreement in lottery choices. In an experiment, subjects submit individual proposals, exchange chat messages, and must reach unanimity. Overall, group choices are more coherent and closer to risk neutrality than individuals’. The proposal of the...
Persistent link: https://www.econbiz.de/10014191491
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...
Persistent link: https://www.econbiz.de/10014191492