We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately observed signals and signals reported from others. We find...

A common finding of the literature on dishonesty is that groups are moredishonest than individuals. We revisit this finding by making explicit thethird-party harmed by subjects' dishonesty: a local charity. With this explicitthird-party, we do not find groups to be more dishonest than...

Groups are often found to be more rational than individuals. In lying games, this implies that groups are more dishonest. We scrutinise this conclusion in a setup where there are true moral concerns associated with dishonest behaviour. In contrast to prior studies, we do not find groups to be...