Are four heads better than two?An experimental beauty-contest game with teams of different size

We examine the influence of team size on decision making in a beauty-contest experiment.Teams with four members outperform teams with two members and single personssignificantly, whereas the latter two types of decision makers do not differ.

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Year of publication:	2004-03-16
Authors:	Sutter, Matthias
Institutions:	Max-Planck-Institut für Ökonomik <Jena> / Abteilung Strategische Interaktion
Subject:	Entscheidungstheorie \| decision theory \| Experimentelle Spieltheorie \| Experimental Economics \| Gruppenverhalten \| group membership

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Extent:	63488 bytes 13 p. application/pdf
Series:	Max-Planck-Institut für Ökonomik - Papers on Strategic Interaction Discussion Paper ; 0415 (2004) Economic Letters, 88 (1) 2004, 41-46
Type of publication:	Book / Working Paper
Language:	English
Classification:	C72 - Noncooperative Games ; C92 - Laboratory; Group Behavior ; Forecast, decision making ; Simulation methods ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005866817