Keck, Steffen; Diecidue, Enrico; Budescu, David V. - In: Journal of Economic Behavior & Organization 103 (2014) C, pp. 60-71
This paper focuses on decisions under ambiguity. Participants in a laboratory experiment made decisions in three different settings: (a) individually, (b) individually after discussing the decisions with two others, and (c) in groups of three. We show that groups are more likely to make...