We revisit the phenomenon that group decisions differ systematically from decisions of individuals. Our experiment solicits individual and group decisions from the same subjects in two settings, gift-exchange games and lottery choices. With no deliberation and voting, the group decision is determined by the median individual decision, without a shift. With deliberation but no imposed decision rule, the individual one po-sition towards the selfish direction also becomes influential. In lottery choices we find no group shift relative to the median. We demonstrate that the standard practice of comparing means of group and individual decisions would incorrectly identify a level shift. ∗We thank the Warburg foundation for financial support and N...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
Many decisions are interactive; the outcome of one party depends not only on its decisions or on act...
Groups make decisions more rational than individuals do. This may depend by several factors. The lea...
This paper experimentally investigates how individual preferences, through unrestricted deliberation...
This paper experimentally investigates how individual preferences, through unrestricted deliberation...
In this paper, we build on the emerging literature on group decision-making to study the so-called ‘...
In this paper, we build on the emerging literature on group decision-making to study the so-called ‘...
Economics has devoted little attention so far as to whether the type of decision maker matters for e...
The recent literature on individual vs. group decision-making, in risky contexts, has brought about ...
The recent literature on individual vs. group decision-making, in risky contexts, has brought about ...
This dissertation contains three chapters focusing on economic contexts where individuals make choic...
We use a laboratory gift-exchange game to examine decisions made by groups under three different pro...
Most studies that compare individual and group behavior neglect the in-group decision making process...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
Many decisions are interactive; the outcome of one party depends not only on its decisions or on act...
Groups make decisions more rational than individuals do. This may depend by several factors. The lea...
This paper experimentally investigates how individual preferences, through unrestricted deliberation...
This paper experimentally investigates how individual preferences, through unrestricted deliberation...
In this paper, we build on the emerging literature on group decision-making to study the so-called ‘...
In this paper, we build on the emerging literature on group decision-making to study the so-called ‘...
Economics has devoted little attention so far as to whether the type of decision maker matters for e...
The recent literature on individual vs. group decision-making, in risky contexts, has brought about ...
The recent literature on individual vs. group decision-making, in risky contexts, has brought about ...
This dissertation contains three chapters focusing on economic contexts where individuals make choic...
We use a laboratory gift-exchange game to examine decisions made by groups under three different pro...
Most studies that compare individual and group behavior neglect the in-group decision making process...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
We use a laboratory experiment to compare the way groups and individuals behave in an inter-temporal...
Many decisions are interactive; the outcome of one party depends not only on its decisions or on act...