THE DECISION MAKER MATTERS: INDIVIDUAL VERSUS GROUP BEHAVIOUR IN EXPERIMENTAL BEAUTY-

By Martin G. Kocher, Matthias Sutter. 2005

357 citations recorded by the source corpus.

Subfields: General Decision Sciences, Management Science and Operations Research, Safety Research

View Paper: https://www.semanticscholar.org/paper/def06017f8bc11871ac7530a6fcbfe26fc4c2803

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Citations in the corpus

Group polarization in the team dictator game reconsidered (2009, background): “…that have shown that team decisions are more selfish and competitive, less trusting and less altruistic than individual decisions (see, e.g., Bornstein and Yaniv, 1998; Bornstein et al., 2004; Cooper and Kagel, 2005; Cox, 2002; Cox and Hayne, 2006; Kocher and Sutter, 2005; Kugler et al., 2006).”
Individuals and Teams in UMTS-License Auctions (2007, background): “Given that individual and team decisions have been shown to differ in a broad range of economic situations (see Blinder and Morgan, 2005; Cooper and Kagel, 2005; Kocher and Sutter, 2005), it is an open question whether bidding behavior in UMTS-auctions has been adequately captured by relying on repr”
The online laboratory: conducting experiments in a real labor market (2010, unknown): “Currently, there are a number of projects under development to build a set of tools for common experimental tasks, such as assigning subjects to treatment and control groups.”
Dimensions and their poles: A metric and topological approach to opposites (2011, background): “There is evidence that group performance is superior to individual performance (Kocher & Sutter, 2005; Liang, Moreland, & Argote, 1995), that they more readilyovercome fixation in problem-solving (Smith, Bushouse, & Lord, 2010, also known as functional fixedness, Duncker, 1945), they are more…”
Groups Make Better Self-Interested Decisions (2012, background): “In such cases, groups can be expected to solve the problem with higher probability.”
Group and individual risk preferences : a lottery-choice experiment (2006, methodology): “Using the Beauty Context experiment, teams outperform individuals in both Kocher and Sutter (2005) and Kocher et al. (2006).”
Are four heads better than two? An experimental beauty-contest game with teams of different size (2005, background): “…of different team sizes on decisions so far, since the main interest has been put on general differences in the decisions of individuals and teams (of typically three subjects), but it has been able to establish some stylized facts (for a more extensive overview see Kocher and Sutter, 2005).”
Time is money - Time pressure, incentives, and the quality of decision-making (2006, methodology): “Our previous experience with beauty-contest experiments (see Güth et al. 2002 as well as Kocher and Sutter, 2004) has, in fact, shown that the average decision-making time drops from about 60 seconds in the first round to about 20 seconds in the 8th round.”