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
Englisch

Bibliographic citation
Series: Working Paper ; No. 1324

Classification
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
group decision-making
risk
leadership
delegation
advice
information
experiments

Event
Geistige Schöpfung
(who)
Ertac, Seda
Gurdal, Mehmet Y.
Event
Veröffentlichung
(who)
Koç University-TÜSİAD Economic Research Forum (ERF)
(where)
Istanbul
(when)
2013

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Ertac, Seda
  • Gurdal, Mehmet Y.
  • Koç University-TÜSİAD Economic Research Forum (ERF)

Time of origin

  • 2013

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