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Being the leader in a group often involves making risky decisions that affect the payoffs of all members, and the decision to take this responsibility in a group is endogenous in many contexts. In this paper, we experimentally study: (1) the willingness of men and women to make risky decisions...
Persistent link: https://www.econbiz.de/10010274088
This paper explores the effect of personality traits on: (1) the willingness to make risk-taking decisions on behalf of a group, (2) the nature of "choice shifts", i.e. the difference between the amount of risk taken in the group context and individually. Openness and agreeableness emerge as...
Persistent link: https://www.econbiz.de/10010500224
. Nevertheless, there are models of team-organization such that teams and individuals are behaviorally equivalent providing a … experiments in contrast to analog experimental results on price-competition in the literature. …
Persistent link: https://www.econbiz.de/10010263110
We introduce "group cohesion" to study the economic relevance of social relationships in team production. We … operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre …
Persistent link: https://www.econbiz.de/10014480559
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 …
Persistent link: https://www.econbiz.de/10010280688
We report results from a laboratory experiment that explores the effects of preference communication and leader …
Persistent link: https://www.econbiz.de/10010500256
This paper examines whether and how cheap talk communication can facilitate within-group coordination when two unequal sized groups compete for a prize that is shared equally among members of the winning group, regardless of their (costly) contributions to the group's success. We find that...
Persistent link: https://www.econbiz.de/10010316824
, using a laboratory experiment, the effectiveness of two regularly-employed entry restrictions: entry quotas and entry exams …
Persistent link: https://www.econbiz.de/10010316829
Our objective in this paper is to assess the acceptability of the ambient tax. Concretely, we ask subjects to choose between (A) an ambient tax and (B) an individual tax system. In case (A), they actually participate in a game in which their payo depends on all participants' decisions and on...
Persistent link: https://www.econbiz.de/10010265675
explore the effectiveness of two policies intended to facilitate such integration, using a laboratory experiment that models …
Persistent link: https://www.econbiz.de/10011282460