Are Four Heads Better than Two? An Experimental Beauty-Contest Game with Teams of Different Size
- 16 March 2004
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
We examine the influence of team size on decision making in a beauty-contest experiment. Teams with four members outperform teams with two members and single persons significantly, whereas the latter two types of decision makers do not differ.Keywords
This publication has 2 references indexed in Scilit:
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- Teams take the better risksJournal of Economic Behavior & Organization, 2007