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-choice experiment, where payments are made either directly or in 3, 9, or 18 months after the experiment. We find that risk preference …
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We investigate the effect of group versus individual decision-making in the context of risky investment decisions in which all subjects are fully informed of the probabilities and payoffs. Although there is full information, the lottery choices pose cognitive challenges so that people may not be...
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from a lottery-choice experiment show a general tendency for the group shift effect, regardless of the decision rule. The …
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This paper studies how groups resolve disagreement in lottery choices. In an experiment, subjects submit individual …
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making in teams. I find in an investment experiment that individual decisions with salient group membership are largely the … same as team decisions. This finding bridges the literature on team decision making and on group membership effects …
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