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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 …'s decision: the communicated preferences have a significant effect on the actual group decision only when the leader is appointed …
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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 …
Persistent link: https://www.econbiz.de/10012549435
This paper studies experimentally when and how ideological motives shape outcomes in group decision-making scenarios …
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; we find that groups grant more autonomy to others than individuals. This finding is robust across two decision contexts …, one involving individual decision-making (Internality) and one involving social decision-making (Externality). Analyses of … individual and social contexts, and that transferring decision-making power to groups can lead to a “liberal shift”. …
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