learning experiment. We find that virtual communication leads to a substantial deterioration of group rationality for a …-based organizations. To test the robustness of higher group rationality under conditions of virtual communication, we conduct a social … shown for face-toface decision making, which has ceased to be the prevalent form of communication in many IT …

equilibrium, retains equilibrium expectations but adds stochastic response (of which players are aware). Learning theories explain …) or foregone payoffs (model-directed learning). Finally, many studies reject the joint hypothesis of equilibrium …

We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader … reason is that random leaders are better able to use the knowledge within the team, i.e., the wisdom of crowds. We can show …

We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader … that random leaders are better able to use the knowledge within the team. We can show that it is the declaration of the …