experiment in which employers cannot observe a worker's ability nor verify the veracity of the ability the worker claims to have …

Our study compares individual and team bidding in standard auction formats: first-price, second-price and ascending …-price (English) auctions with independent private values. In a laboratory experiment, we find that individuals overbid more than …

Team decision-making prevails in modern organizations. Teams often need to decide whether to delegate or make a … reaching a decision have very high intrinsic values of decision rights, thus distorting decisions. Hence, the team decision … decision themselves. Recent work has found that many individuals assign a significantly positive intrinsic value to having a …

and predominately sell winners. The data suggest that decision-dependent emotions may explain the differences. That is …

difficult version. Implications are drawn on when to employ groups rather than individuals in decision making. …

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 …