We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …

We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …

We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …

-risk households. Results from an online experiment show that the introduction of PLS accounts increase total savings and reduce …

We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced … volume and price volatility. We also find an unexpected gender effect in team composition, manifesting itself in more extreme … participants generally, we conjecture that they may be due to factors specific to the psychology of decision-making in male …