Search Results - subject:"Team decision‐making"

Teams do inflict costly third-party punishment as individuals do: Experimental evidence

Kamei, Kenju - In: Games 12 (2021) 1, pp. 1-11

Initiated by the seminal work of Fehr and Fischbacher (Evolution and Human Behavior (2004)), a large body of research has shown that people often take punitive actions towards norm violators even when they are not directly involved in transactions. This paper shows in an experimental setting...

Persistent link: https://www.econbiz.de/10013200084

Disagreement inside the FOMC : new insights from tone analysis

Bennani, Hamza; Romelli, Davide - 2021

Persistent link: https://www.econbiz.de/10012888056

Conflicts and Common Interests in Committees

Hao, Li; Rosen, Sherwin; Suen, Wing-chuen - 2021

Committees improve decisions by pooling independent information of members, but promote manipulation, obfuscation, and exaggeration of private evidence when members have conflicting preferences. We study how self-interest mediates these conflicting forces. When members' preferences differ, no...

Persistent link: https://www.econbiz.de/10013218407

Information Seeking and Collaborative Decision-Making Behaviour in Consultancy Project Teams : A Network Theoretic Viewpoint

Badi, Dr. Sulafa; Ji, Hanxiao; Ochieng, Professor Edward - 2021

Purpose – This study aims to examine how embeddedness influences consultants’ information seeking when making decisions within a social network of relationships, and how these social networks evolve throughout the project delivery stages. The study is grounded in social network theory and...

Persistent link: https://www.econbiz.de/10013219642

Collective Progress : Dynamics of Exit Waves

Cetemen, Doruk; Urgun, Can; Yariv, Leeat - 2021

We study a model of collective search by teams. Discoveries beget discoveries and correlated search results are governed by a Brownian path. Search results' variation at any point---the search scope---is jointly controlled. Agents individually choose when to cease search and implement their best...

Persistent link: https://www.econbiz.de/10013220243

Collective Choice with Heterogeneous Time Preferences

Pakhnin, Mikhail - 2021

This paper reviews recent research on the aggregation of heterogeneous time preferences. Main results are illustrated in simple Ramsey models with two or three agents who differ in their discount factors. We employ an intertemporal view on these models and argue that preferences of a decision...

Persistent link: https://www.econbiz.de/10013222212

Pairwise Justifiable Changes in Collective Choices

Barberà, Salvador; Berga Colom, Dolors; Moreno, Bernardo; … - 2021

Consider the following principle regarding the performance of collective choice rules. "If a rule selects alternative x in situation 1, and alternative y in situation 2, there must be an alternative z, and some member of society whose appreciation of z relative to x has increased when going from...

Persistent link: https://www.econbiz.de/10013226894

Team Decision Making in Operations Management

Li, Jiawei; Beil, Damian R.; Leider, Stephen - 2021

. Academic / Practical Relevance: Team decision-making, while being prevalent in practice, has been rarely studied in operational …, subsequently, whether team decision-making should be employed.3. Methodology: We employ behavioral and experimental studies … team decision-making, it is important to think carefully about whether and which compelling argument(s) will emerge during …

Persistent link: https://www.econbiz.de/10013235244

Information Regime Changes and Path Dependence - An Experimental Analysis of Public Goods Contributions in Heterogeneous Groups

Fellner, Gerlinde; Kröger, Sabine; Seki, Erika - 2021

We experimentally investigate the path dependence of voluntary contributions in a public good game with heterogeneous agents who vary in their ability to increase the public good. More specifically, we analyze whether contribution norms observed in a first phase of the experiment under a...

Persistent link: https://www.econbiz.de/10013236463

Collective Learning in Divided Committees

Ginzburg, Boris - 2021

A committee divided into two factions is considering a costly project. Support of both factions is required for the project to be approved. As long as the decision is delayed, the committee can learn which faction benefits from the project. At the equilibrium, one of the factions effectively...

Persistent link: https://www.econbiz.de/10013238586