Ertac, Seda; Gurdal, Mehmet Y. - 2013 - First Version: July 2012, This Version: October 2013
We report results from a laboratory experiment that explores the effects of preference communication and leader … selection mechanisms in group decision-making. In a setting where all members of a group get the same payoff based on the group … leader's decision of how much risk to take, we study the effects of two treatment variables: (1) whether group members can …