An experiment involving a simulated financial lending organization was used to compare subjects' decisions regarding the degree to which the organization should be informationally centralized, with that of an optimal decision rule based on a normative model. Typically, subjects overdecentralized...

Recent research on ultimatum bargaining, the fact that children often confront and use ultimatums, and theories of developmental psychology all combine to suggest that studying children's ultimatum behavior will be particularly enlightening, both theoretically and with respect to the development...

This paper presents the results of an n-person characteristic function game played by between seven and and twelve players, one of whom was a monopolist. A factorial design allowed for analysis of the effects of group size, the availability of information, and communication opportunities for a...