Showing 1 - 10 of 354
aversion than individual initial proposals in team decision-making. However, teams are no more selfish than individuals who … decide in isolation. Individuals express strategically more inequality aversion in their initial proposals in team decision …
Persistent link: https://www.econbiz.de/10010359304
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012415076
group members are critical for determining group outcomes. -- Group behavior ; teams ; decision making ; social preferences …
Persistent link: https://www.econbiz.de/10003688779
We study the choice of a principal to either delegate a decision to a group of careerist experts, or to consult them … individually and keep the decision-making power. Our model predicts a trade-off between information acquisition and information …
Persistent link: https://www.econbiz.de/10012549435
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10003987136
In this paper, we examine the determinants of decision-making power by children and young adolescents. Moving beyond … of parental control of child behavior and child resistance. Using child reports of decision-making and psychological and … cognitive measures from the NLSY79 Child Supplement, we examine the determinants of shared and sole decision-making in seven …
Persistent link: https://www.econbiz.de/10003586550
. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
vary (i) representation in the decision committee (one vs. both groups) and (ii) the decision rule (unanimity vs. majority …), proposals are balanced only if both groups have veto power (iii) negotiations often fail if the decision environment gives …
Persistent link: https://www.econbiz.de/10011387570
affects the behavior of committee members and the decision-making accuracy. Our theoretical analysis generates two major …
Persistent link: https://www.econbiz.de/10012295187
individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing …
Persistent link: https://www.econbiz.de/10011803271