Arbeitspapier
Does consultation improve decision making?
This paper reports an experiment designed to test whether prior consultation within a group affects subsequent individual decision making in tasks where demonstrability of correct solutions is low. In our experiment subjects considered two paintings created by two different artists and were asked to guess which artist made each painting. We observed answers given by individuals under two treatments: in one, subjects were allowed the opportunity to consult with other participants before making their private decisions; in the other there was no such opportunity. Our primary findings are that subjects in the first treatment evaluate the opportunity to consult positively but they perform significantly worse and earn significantly less.
- Sprache
-
Englisch
- Erschienen in
-
Series: CeDEx Discussion Paper Series ; No. 2011-08
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Individual
Design of Experiments: Laboratory, Group Behavior
Information, Knowledge, and Uncertainty: General
- Thema
-
Consultation
Decision making
Group decisions
Individual decisions
Kommunikation
Gruppenentscheidung
Entscheidungstheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Isopi, Alessia
Nosenzo, Daniele
Starmer, Chris
- Ereignis
-
Veröffentlichung
- (wer)
-
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
- (wo)
-
Nottingham
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Isopi, Alessia
- Nosenzo, Daniele
- Starmer, Chris
- The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
Entstanden
- 2011
Ähnliche Objekte (12)
Pour Some Sugar in Me: Does Glucose Enrichment Improve Decision Making?
Does visual saliency affect decision-making?
How can we improve amniocentesis decision-making?
Does decision-making style predict managers' entrepreneurial intentions?
Does decision-making style predict managers’ entrepreneurial intentions?
Does patient and public involvement impact public health decision-making? A 10 year retrospective analysis of public consultation in Brazil
Nationwide survey to evaluate the decision-making process in euthanasia requests in Belgium: do specifically trained 2nd physicians improve quality of consultation?
Pre-consultation educational group intervention to improve shared decision-making in postmastectomy breast reconstruction: study protocol for a pilot randomized controlled trial
How Does Group-Decision Making Affect Subsequent Individual Behavior?
Does Logically Incoherent Decision-Making Really Have Negative Consequences?
Modeling the decision making mind: Does form follow function?
Harnessing Cognitively Inspired Predictive Models to Improve Investment Decision-Making
Pour Some Sugar in Me: Does Glucose Enrichment Improve Decision Making?
Does visual saliency affect decision-making?
How can we improve amniocentesis decision-making?
Does decision-making style predict managers' entrepreneurial intentions?
Does decision-making style predict managers’ entrepreneurial intentions?
Does patient and public involvement impact public health decision-making? A 10 year retrospective analysis of public consultation in Brazil
Nationwide survey to evaluate the decision-making process in euthanasia requests in Belgium: do specifically trained 2nd physicians improve quality of consultation?
Pre-consultation educational group intervention to improve shared decision-making in postmastectomy breast reconstruction: study protocol for a pilot randomized controlled trial
How Does Group-Decision Making Affect Subsequent Individual Behavior?
Does Logically Incoherent Decision-Making Really Have Negative Consequences?
Modeling the decision making mind: Does form follow function?
Harnessing Cognitively Inspired Predictive Models to Improve Investment Decision-Making
Pour Some Sugar in Me: Does Glucose Enrichment Improve Decision Making?
Does visual saliency affect decision-making?
How can we improve amniocentesis decision-making?
Does decision-making style predict managers' entrepreneurial intentions?
Does decision-making style predict managers’ entrepreneurial intentions?
Does patient and public involvement impact public health decision-making? A 10 year retrospective analysis of public consultation in Brazil
Nationwide survey to evaluate the decision-making process in euthanasia requests in Belgium: do specifically trained 2nd physicians improve quality of consultation?
Pre-consultation educational group intervention to improve shared decision-making in postmastectomy breast reconstruction: study protocol for a pilot randomized controlled trial
How Does Group-Decision Making Affect Subsequent Individual Behavior?
Does Logically Incoherent Decision-Making Really Have Negative Consequences?
Modeling the decision making mind: Does form follow function?