Showing 31 - 40 of 50
Persistent link: https://www.econbiz.de/10008769454
Persistent link: https://www.econbiz.de/10007887297
Persistent link: https://www.econbiz.de/10010032245
Persistent link: https://www.econbiz.de/10007025717
In daily decision making, people often solicit one another's opinions in the hope of improving their own judgment. According to both theory and empirical results, integrating even a few opinions is beneficial, with the accuracy gains diminishing as the bias of the judges or the correlation...
Persistent link: https://www.econbiz.de/10014068228
Seeking advice is a basic practice in making real life decisions. Until recently, however, little attention has been given to it in either empirical studies or theories of decision making. The studies reported here investigate the influence of advice on judgment and the consequences of advice...
Persistent link: https://www.econbiz.de/10014028609
Persistent link: https://www.econbiz.de/10014302295
Persistent link: https://www.econbiz.de/10005197360
This article reports two experiments that compared the standard ultimatum game played by individuals with the same game played by three-person groups. In the group treatment, the members of the allocating group conducted a brief, face-to-face discussion in order to decide, as a group, on a...
Persistent link: https://www.econbiz.de/10005711634
In daily decision making, people often solicit one another's opinions in the hope of improving their own judgment. According to both theory and empirical results, integrating even a few opinions is beneficial, with the accuracy gains diminishing as the bias of the judges or the correlation...
Persistent link: https://www.econbiz.de/10005752786