extent observed team decisions under risk are actually consistent with the principles of rational choice, specifically the … principles of Expected Utility Theory (EUT) and of Portfolio Selection Theory (PST). The experiment is performed with individuals … and teams. We find almost no evidence for the greater compliance of team decisions than of individual decisions with the …

. -- individual behavior ; group membership ; team decision-making ; experiment … 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 …

from a laboratory experiment in which subjects choose their group membership, which is interpreted as decision to identify …