This paper is concerned with the role of committees in collective decision-makingprocesses in a world where agents must … be motivated to collect information. Committees improvethe quality of decision-making by providing information and by … preferences of the committeemembers should be aligned to those of the decision maker. Members with similar preferences asthe …

We study a decision process of a two-agent organization that consists of a decision-maker who selects a project and an … implementer who implements and executes the selected project. Each of the decision-maker and the implementer has intrinsic and … possibly divergent preferences over projects. Key features of the model are that (i) there is the separation of decision and …

This paper experimentally investigates structured investment decision-making with sequential information provision … boxes for the second step of the decision. Moving the cursor over a box uncovered the information. Duration and frequency of … uncovering the different information cues was recorded in a database. The main variables of interest were decision accuracy …

We report the results of an experiment on selective exposure to information. A decision maker interested in learning … informed on the state, they report it truthfully; when uninformed, they report their favorite state. A Bayesian decision maker …. In line with the theory, subjects are more likely to seek confirmatory information when sources are symmetrically …

In this paper, I studied an information acquisition problem: a decision maker acquires information about payoff … relevant states to facilitate decision making. My primary focus is on flexibility: the decision maker can choose any dynamic … learning dynamics with posterior separable informativeness measure: the decision maker will seek for an informative evidence …

inattentive preferences and show how they reveal the amount of information a decision-maker acquires. …

decision and to the decision itself based on this information. I focus on urn decisions and conduct treatments that consider … two ambiguous urns according to several heuristics. In contrast, personality traits and an individual’s primary decision …Die experimentelle Studie untersucht die individuelle Informationsnachfrage und Entscheidung in Situationen, in denen …