Arbeitspapier
Preference Communication and Leadership in Group Decision-Making
We report results from a laboratory experiment that explores the effects of preference communication and leader selection mechanisms in group decision-making. In a setting where all members of a group get the same payoff based on the group leader's decision of how much risk to take, we study the effects of two treatment variables: (1) whether group members can communicate their preferences to the leader, (2) whether the leader is exogenously appointed or voluntarily self-selects into the position. We find that the leader selection mechanism crucially affects the integration of group preferences into the leader's decision: the communicated preferences have a significant effect on the actual group decision only when the leader is appointed. We also find that preference communication by non-leaders is frequently strategic.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 1324
- Classification
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Wirtschaft
Design of Experiments: Laboratory, Individual
Design of Experiments: Laboratory, Group Behavior
Criteria for Decision-Making under Risk and Uncertainty
Economics of Gender; Non-labor Discrimination
- Subject
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group decision-making
risk
leadership
delegation
advice
information
experiments
- Event
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Geistige Schöpfung
- (who)
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Ertac, Seda
Gurdal, Mehmet Y.
- Event
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Veröffentlichung
- (who)
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Koç University-TÜSİAD Economic Research Forum (ERF)
- (where)
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Istanbul
- (when)
-
2013
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ertac, Seda
- Gurdal, Mehmet Y.
- Koç University-TÜSİAD Economic Research Forum (ERF)
Time of origin
- 2013