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goods typically assume a single rational decision-maker. We use a laboratory experiment to compare team decisions to … contribute more to the public good than individuals. With a punishment option subsequently to the contribution decision team …. Extreme preferences for punishment are eliminated by the majority decision rule. Overall, team decisions are closer to the …
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Economic small group research points to groups as more rational decision-makers in numerous economic situations. However, no attempts have been made to investigate whether groups are affected similarly by behavioral biases that are pervasive for individuals. If groups were also able to more...
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running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single …-rater evaluations if groups rationally aggregate their signals about employee performance. Our controlled laboratory experiment confirms …
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temporary contract, while others are permanent members of the same team. In a laboratory experiment we analyze the cooperation …In organizations, some team members are assigned to a team for a predefined short period of time, e.g., as they have a … levels resulting from diverse teams, where some team members remain with a team and others are switching teams. Our results …
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