We report an experiment examining risk taking and information aggregation in groups. Group members come to the table … information with fellow group members. They then make a decision under risk on behalf of the group using a random dictatorship … mechanism, as well as an individual decision. Our analysis reveals that, while the behavior of many subjects is consistent with …

report a laboratory experiment based on these extended games. We find that behavior is similar in the two extended games …

choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …

experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. In our … preferences (Fehr-Schmidt, 1999). As we show from a norms-elicitation experiment, it is also consistent with social norms …

experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. We find … also show, by conducting an experiment to measure social norms, that it is consistent with social norm compliance. We …

encourage shirking. In contrast, ownpayoff effects suggest that both fines and bonuses discourage shirking. In an experiment we …

experiment. In the experiment a principal pays a wage to each of two agents, who then make effort choices sequentially. We find … also show, by conducting an experiment to measure social norms, that it is consistent with social norm compliance. We …

encourage shirking. In contrast, ownpayoff effects suggest that both fines and bonuses discourage shirking. In an experiment we …