Barking up the right tree: Are small groups rational agents?

DOI10.1007/S10683-006-9123-3zbMATH Open1188.91055OpenAlexW2142539543MaRDI QIDQ2431820FDOQ2431820

Authors: James C. Cox, Stephen C. Hayne 

Publication date: 24 October 2006

Published in: Experimental Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10683-006-9123-3

Recommendations

• Are groups `less behavioral'? The case of anchoring
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• Individual vs. group decision-making: an experiment on dynamic choice under risk and ambiguity

zbMATH Keywords

groupsrationalityauctionsexperiments

Mathematics Subject Classification ID

Decision theory (91B06) Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• Reexamination of the perfectness concept for equilibrium points in extensive games
• Individual and group behavior in the ultimatum game: Are groups more ``rational players?
• Endogenous entry and exit in common value auctions
• Bidding in Common Value Auctions: How the Commercial Construction Industry Corrects for the Winner's Curse

Cited In (14)

• Risk-averse and self-interested shifts in groups in both median and random rules
• Are groups `less behavioral'? The case of anchoring
• Choosing a gambling partner: testing a model of mutual insurance in the lab
• On the effects of joint bidding in independent private value auctions: An experimental study
• Group behaviour in tacit coordination games with focal points -- an experimental investigation
• Are four heads better than two? An experimental beauty-contest game with teams of different size
• Representing others in a public good game
• Individual or team decision-making--causes and consequences of self-selection
• Exploring group decision making in a power-to-take experiment
• Estimating individual and group preference functionals using experimental data
• Can groups solve the problem of over-bidding in contests?
• Learning under supervision: an experimental study
• Group polarization in the team dictator game reconsidered
• Who acts more like a game theorist? Group and individual play in a sequential market game and the effect of the time horizon

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