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Bracketing is a mental procedure about how people deal with multiple tasks. If a decision maker handles all the tasks … the context of a mini-trust game. The result shows that, in the narrow bracketing treatment, the investor (first mover) is … more likely to place trust on others, but the receiver (second mover) is less likely to fulfill the trust under the same …
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We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information … can deliberate secretly. To test the model's key predictions, we run an experiment. The results from the laboratory …
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