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Citations for "The decision maker matters: Individual versus group behaviour in experimental beauty-contest games"

by Kocher, Martin G. & Sutter, Matthias

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  1. Lawrence C.Y Choo & Todd R. Kaplan, 2014. "Explaining Behavior in the "11-20” Game," Discussion Papers 1401, Exeter University, Department of Economics.
  2. Feri, Francesco & Irlenbusch, Bernd & Sutter, Matthias, 2008. "Efficiency Gains from Team-Based Coordination: Large-Scale Experimental Evidence," IZA Discussion Papers 3741, Institute for the Study of Labor (IZA).
  3. Eugen Kovac & Martin Vojtek & Andreas Ortmann, 2008. "Comparing Guessing Games with homogeneous and heterogeneous players: Experimental results and a CH explanation," Economics Bulletin, AccessEcon, vol. 3(9), pages 1-9.
  4. David Masclet & Youenn Loheac & Laurent Denant-Boèmont & Nathalie Colombier, 2006. "Group and individual risk preferences : a lottery-choice experiment," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00118973, HAL.
  5. Sutter, Matthias, 2007. "Are teams prone to myopic loss aversion? An experimental study on individual versus team investment behavior," Economics Letters, Elsevier, vol. 97(2), pages 128-132, November.
  6. Carbone, Enrica & Infante, Gerardo, 2015. "Are groups better planners than individuals? An experimental analysis," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 57(C), pages 112-119.
  7. Gary Charness & Matthew O. Jackson, 2004. "Group Play in Games and the Role of Consent in Network Formation," Levine's Bibliography 122247000000000213, UCLA Department of Economics.
  8. María Cubel & Santiago Sanchez-Pages, 2014. "Gender differences and stereotypes in the beauty contest," Working Papers 2014/13, Institut d'Economia de Barcelona (IEB).
  9. Frans van Dijk & Joep H. Sonnemans & Ed Bauw, 2012. "Judicial Error by Groups and Individuals," Tinbergen Institute Discussion Papers 12-029/3, Tinbergen Institute.
  10. Roman M. Sheremeta & Jingjing Zhang, 2009. "Can Groups Solve the Problem of Over-Bidding in Contests," Working Papers 09-09, Chapman University, Economic Science Institute.
  11. repec:ebl:ecbull:v:3:y:2008:i:9:p:1-9 is not listed on IDEAS
  12. Napel, Stefan & Widgrén, Mika, 2003. "EU Conciliation Committee: Council 56 versus Parliament 6," CEPR Discussion Papers 4071, C.E.P.R. Discussion Papers.
  13. De Giorgi, Enrico & Reimann, Stefan, 2008. "The [alpha]-beauty contest: Choosing numbers, thinking intervals," Games and Economic Behavior, Elsevier, vol. 64(2), pages 470-486, November.
  14. Nobuyuki Hanaki & Hideo Owan, 2013. "Autonomy, Conformity and Organizational Learning," Administrative Sciences, MDPI, Open Access Journal, vol. 3(3), pages 32, July.
  15. Haoran He & Marie Claire Villeval, 2014. "Are teams less inequality averse than individuals ?," Working Papers 1417, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
  16. Tibor Besedes & Cary Deck & Sarah Quintanar & Sudipta Sarangi & Mikhael Shor, 2012. "Free-Riding and Performance in Collaborative and Non-Collaborative Groups," Working papers 2012-21, University of Connecticut, Department of Economics.
  17. A. Morone & P. Morone, 2014. "Estimating individual and group preference functionals using experimental data," Theory and Decision, Springer, vol. 77(3), pages 403-422, October.
  18. Virtudes Alba-Fernández & Pablo Brañas-Garza & Francisca Jiménez-Jiménez & Javier Rodero-Cosano, 2004. "Communication, coordination and competition in the beauty contest game: Eleven classroom experiments," IESA Working Papers Series 0416, Institute for Social Syudies of Andalusia - Higher Council for Scientific Research.
  19. Temerario, Tiziana, 2014. "Individual and Group Behaviour Toward Risk: A Short Survey," MPRA Paper 58079, University Library of Munich, Germany.
  20. Andreas Glöckner & Janet Kleber & Stephan Tontrup & Stefan Bechtold, 2009. "The Endowment Effect in Groups with and without Strategic Incentives," Working Paper Series of the Max Planck Institute for Research on Collective Goods 2009_35, Max Planck Institute for Research on Collective Goods.
  21. Axel Franzen & Sonja Pointner, 2013. "Giving according to preferences: Decision-making in the group dictator game," University of Bern Social Sciences Working Papers 2, University of Bern, Department of Social Sciences, revised 24 Jan 2014.
  22. Teck H Ho & Colin Camerer & Juin-Kuan Chong, 2003. "Functional EWA: A one-parameter theory of learning in games," Levine's Working Paper Archive 506439000000000514, David K. Levine.
  23. Sutter, Matthias & Czermak, Simon & Feri, Francesco, 2010. "Strategic Sophistication of Individuals and Teams in Experimental Normal-Form Games," IZA Discussion Papers 4732, Institute for the Study of Labor (IZA).
  24. Attila Ambrus & Ben Greiner & Parag A. Pathak, 2014. "How Individual Preferences are Aggregated in Groups: An Experimental Study," Discussion Papers 2014-30, School of Economics, The University of New South Wales.
  25. Martin G. Kocher & Matthias Sutter, 2004. "Time is money - Time pressure, incentives, and the quality of decision-making," Papers on Strategic Interaction 2004-05, Max Planck Institute of Economics, Strategic Interaction Group.
  26. Martin G. Kocher & Ganna Pogrebna & Matthias Sutter, . "The Determinants of Managerial Decisions Under Risk," Working Papers 2008-04, Faculty of Economics and Statistics, University of Innsbruck.
  27. David Cooper & John Lightle, 2013. "The gift of advice: communication in a bilateral gift exchange game," Experimental Economics, Springer, vol. 16(4), pages 443-477, December.
  28. repec:zbw:rwirep:0396 is not listed on IDEAS
  29. Haoran He & Marie Claire Villeval, 2014. "Are team members less inequality averse than individual decision makers?," Working Papers halshs-00996545, HAL.
  30. Ferdinand von Siemens, 2015. "Team Production, Gender Diversity, and Male Courtship Behavior," CESifo Working Paper Series 5259, CESifo Group Munich.
  31. Dorina Tila & David Porter, 2008. "Group Prediction in Information Markets With and Without Trading Information and Price Manipulation Incentives," Working Papers 08-06, Chapman University, Economic Science Institute.
  32. Kocher, Martin & Strau[ss], Sabine & Sutter, Matthias, 2006. "Individual or team decision-making--Causes and consequences of self-selection," Games and Economic Behavior, Elsevier, vol. 56(2), pages 259-270, August.
  33. Gillet, Joris & Schram, Arthur & Sonnemans, Joep, 2009. "The tragedy of the commons revisited: The importance of group decision-making," Journal of Public Economics, Elsevier, vol. 93(5-6), pages 785-797, June.
  34. Attila Ambrus & Ben Greiner & Parag Pathak, 2013. "How Individual Preferences Get Aggregated in Groups - an Experimental Study," Working Papers 13-21, Duke University, Department of Economics.
  35. repec:zbw:rwirep:0322 is not listed on IDEAS
  36. Horton, John J. & Rand, David G. & Zeckhauser, Richard, 2010. "The Online Laboratory: Conducting Experiments in a Real Labor Market," Working Paper Series rwp10-017, Harvard University, John F. Kennedy School of Government.
  37. Morone, Andrea & Temerario, Tiziana, 2015. "Eliciting Preferences Over Risk: An Experiment," MPRA Paper 68519, University Library of Munich, Germany.
  38. Gary Charness & Matthias Sutter, 2012. "Groups Make Better Self-Interested Decisions," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 157-76, Summer.
  39. Cheung, Stephen L. & Palan, Stefan, 2011. "Two heads are less bubbly than one: Team decision-making in an experimental asset market," Working Papers 2011-08, University of Sydney, School of Economics.
  40. Joep Sonnemans & Jan Tuinstra, 2008. "Positive Expectations Feedback Experiments and Number Guessing Games as Models of Financial Markets," Tinbergen Institute Discussion Papers 08-076/1, Tinbergen Institute.
  41. Vera Hofer & Klaus Ladner, 2006. "Positioning of new brands in an experiment," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 14(4), pages 435-454, December.
  42. Breyer, Friedrich & Weimann, Joachim, 2015. "Of morals, markets and mice: Be careful drawing policy conclusions from experimental findings!," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 387-390.
  43. Cason, Timothy & Sheremeta, Roman & Zhang, Jingjing, 2012. "Communication and Efficiency in Competitive Coordination Games," MPRA Paper 52107, University Library of Munich, Germany.
  44. Cardella, Eric & Chiu, Ray, 2012. "Stackelberg in the lab: The effect of group decision making and “Cooling-off” periods," Journal of Economic Psychology, Elsevier, vol. 33(6), pages 1070-1083.
  45. Martin Angerer & Juergen Huber & Martin Shubik & Shyam Sunder, 2010. "An economy with personal currency: theory and experimental evidence," Annals of Finance, Springer, vol. 6(4), pages 475-509, October.
  46. von Siemens, Ferdinand Alexander, 2015. "Team Production, Gender Diversity, and Male Courtship Behavior," Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113009, Verein für Socialpolitik / German Economic Association.
  47. Andrea Morone & Piergiuseppe Morone, 2012. "Are small groups Expected Utility?," Working Papers 2012/08, Economics Department, Universitat Jaume I, Castellón (Spain).
  48. Matthias Sutter, 2008. "Individual behavior and group membership: Comment," Jena Economic Research Papers 2008-075, Friedrich-Schiller-University Jena.
  49. Martin Kocher & Matthias Sutter, 2007. "Individual versus group behavior and the role of the decision making procedure in gift-exchange experiments," Empirica, Springer, vol. 34(1), pages 63-88, March.
  50. Breitmoser, Yves, 2012. "Strategic reasoning in p-beauty contests," Games and Economic Behavior, Elsevier, vol. 75(2), pages 555-569.
  51. Casari, Marco & Zhang, Jingjing & Jackson, Christine, 2015. "Same Process, Different Outcomes: Group Performance in an Acquiring a Company Experiment," IZA Discussion Papers 9614, Institute for the Study of Labor (IZA).
  52. Feicht, Robert & Grimm, Veronika & Rau, Holger A. & Stephan, Gesine, 2015. "On the Impact of Quotas and Decision Rules in Ultimatum Collective Bargaining," IZA Discussion Papers 9506, Institute for the Study of Labor (IZA).
  53. Marco LiCalzi & Oktay Surucu, 2011. "The power of diversity over large solution spaces," Working Papers 1, Department of Management, Università Ca' Foscari Venezia, revised Sep 2011.
  54. Guth, Werner & Kocher, Martin & Sutter, Matthias, 2002. "Experimental 'beauty contests' with homogeneous and heterogeneous players and with interior and boundary equilibria," Economics Letters, Elsevier, vol. 74(2), pages 219-228, January.
  55. Chernomaz, Kirill, 2012. "On the effects of joint bidding in independent private value auctions: An experimental study," Games and Economic Behavior, Elsevier, vol. 76(2), pages 690-710.
  56. Dargnies, Marie-Pierre, 2011. "Men too sometimes shy away from competition: The case of team competition," Discussion Papers, Research Unit: Market Behavior SP II 2011-201, Social Science Research Center Berlin (WZB).
  57. Martin G. Kocher & Matthias Sutter & Florian Wakolbinger, 2007. "The impact of naive advice and observational learning in beauty-contest games," Working Papers 2007-01, Faculty of Economics and Statistics, University of Innsbruck.
  58. Tumer-Alkan, G., 2008. "Essays on banking," Other publications TiSEM 8d5ec521-4702-4e75-bc79-a, Tilburg University, School of Economics and Management.
  59. Alessia Isopi & Daniele Nosenzo & Chris Starmer, 2011. "Does consultation improve decision making?," Discussion Papers 2011-08, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
  60. Brady, Michael P. & Wu, Steven Y., 2010. "The aggregation of preferences in groups: Identity, responsibility, and polarization," Journal of Economic Psychology, Elsevier, vol. 31(6), pages 950-963, December.
  61. Charness, Gary B & Karni, Edi, 2007. "Individual and Group Decision Making Under Risk: An Experimental Study of Bayesian Updating and Violations of First-order Stochastic Dominance," University of California at Santa Barbara, Economics Working Paper Series qt4gr7j8z8, Department of Economics, UC Santa Barbara.
  62. Heike Auerswald & Carsten Schmidt & Marcel Thum & Gaute Torsvik, 2013. "Teams Punish Less," CESifo Working Paper Series 4406, CESifo Group Munich.
  63. Song, Fei, 2008. "Trust and reciprocity behavior and behavioral forecasts: Individuals versus group-representatives," Games and Economic Behavior, Elsevier, vol. 62(2), pages 675-696, March.
  64. Brosig-Koch, Jeannette & Heinrich, Timo & Helbach, Christoph, 2014. "Does truth win when teams reason strategically?," Economics Letters, Elsevier, vol. 123(1), pages 86-89.
  65. Kugler, Tamar & Kausel, E.E. & Kocher, Martin G., 2012. "Are groups more rational than individuals? A review of interactive decision making in groups," Munich Reprints in Economics 18215, University of Munich, Department of Economics.
  66. Rosemarie Nagel & Antoni Bosch-Domènech & Albert Satorra & José García Montalvo, 1999. "One, two, (three), infinity: Newspaper and lab beauty-contest experiments," Economics Working Papers 438, Department of Economics and Business, Universitat Pompeu Fabra.
  67. Jingjing Zhang, 2009. "Communication in Asymmetric Group Competition over Public Goods," Department of Economics Working Papers 2009-06, McMaster University.
  68. Rockenbach, Bettina & Sadrieh, Abdolkarim & Mathauschek, Barbara, 2007. "Teams take the better risks," Journal of Economic Behavior & Organization, Elsevier, vol. 63(3), pages 412-422, July.
  69. Jingjing Zhang & Marco Casari, 2010. "How groups reach agreement in risky choices: an experiment," IEW - Working Papers 506, Institute for Empirical Research in Economics - University of Zurich.
  70. Benndorf, Volker & Kübler, Dorothea & Normann, Hans-Theo, 2014. "Privacy concerns, voluntary disclosure of information, and unraveling: An experiment," DICE Discussion Papers 168, Düsseldorf Institute for Competition Economics (DICE), University of Düsseldorf.
  71. Friedrich Breyer & Joachim Weimann, 2014. "Of Morals, Markets and Mice: A Comment on Falk and Szech," CESifo Working Paper Series 4745, CESifo Group Munich.
  72. Haoran He & Peter Martinsson & Matthias Sutter, 2011. "Group Decision Making Under Risk: An Experiment with Student Couples," Working Papers 2011-27, Faculty of Economics and Statistics, University of Innsbruck.
  73. Stefan Napel & Mika Widgrén, 2003. "Bargaining and Distribution of Power in the EU's Conciliation Committee," CESifo Working Paper Series 1029, CESifo Group Munich.
  74. Attila Ambrus & Ben Greiner & Parag Pathak, 2009. "Group Versus Individual Decision-Making: Is there a shift?," Economics Working Papers 0091, Institute for Advanced Study, School of Social Science.
  75. Rau, Holger A., 2015. "The disposition effect in team investment decisions: Experimental evidence," Journal of Banking & Finance, Elsevier, vol. 61(C), pages 272-282.
  76. Masclet, David & Colombier, Nathalie & Denant-Boemont, Laurent & Lohéac, Youenn, 2009. "Group and individual risk preferences: A lottery-choice experiment with self-employed and salaried workers," Journal of Economic Behavior & Organization, Elsevier, vol. 70(3), pages 470-484, June.
  77. Cooper, David J. & Sutter, Matthias, 2011. "Role Selection and Team Performance," IZA Discussion Papers 5892, Institute for the Study of Labor (IZA).
  78. Song, Fei, 2009. "Intergroup trust and reciprocity in strategic interactions: Effects of group decision-making mechanisms," Organizational Behavior and Human Decision Processes, Elsevier, vol. 108(1), pages 164-173, January.
  79. Carlsson, Fredrik & Yang, Xiaojun, 2013. "Intertemporal Choice Shifts in Households: Do they occur and are they good?," Working Papers in Economics 569, University of Gothenburg, Department of Economics.
  80. Min Gong & Jonathan Baron & Howard Kunreuther, 2009. "Group cooperation under uncertainty," Journal of Risk and Uncertainty, Springer, vol. 39(3), pages 251-270, December.
  81. Marcela Ibanez & Simon Czermak & Matthias Sutter, . "Searching for a better deal ? On the influence of group decision making, time pressure and gender in a search experiment," Working Papers 2008-05, Faculty of Economics and Statistics, University of Innsbruck.
  82. Lahav, Yaron, 2015. "Eliciting beliefs in beauty contest experiments," Economics Letters, Elsevier, vol. 137(C), pages 45-49.
  83. Luhan, W.J. & Kocher, Martin G. & Sutter, Matthias, 2009. "Group polarization in the team dictator game reconsidered," Munich Reprints in Economics 18216, University of Munich, Department of Economics.
  84. Chaudhuri, Ananish & Paichayontvijit, Tirnud & Shen, Lifeng, 2013. "Gender differences in trust and trustworthiness: Individuals, single sex and mixed sex groups," Journal of Economic Psychology, Elsevier, vol. 34(C), pages 181-194.
  85. Klemens Keldenich, 2012. "Group Membership and Communication in Modified Dictator Games," Ruhr Economic Papers 0322, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  86. Thum, Marcel & Auerswald, Heike & Schmidt, Carsten & Torsvik, Gaute, 2014. "Teams Contribute More and Punish Less," Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100537, Verein für Socialpolitik / German Economic Association.
  87. Fahr, René & Irlenbusch, Bernd, 2011. "Who follows the crowd—Groups or individuals?," Journal of Economic Behavior & Organization, Elsevier, vol. 80(1), pages 200-209.
  88. Okano, Yoshitaka, 2013. "Minimax play by teams," Games and Economic Behavior, Elsevier, vol. 77(1), pages 168-180.
  89. Rau, Holger A., 2015. "The disposition effect in team investment decisions: Experimental evidence," Center for European, Governance and Economic Development Research Discussion Papers 256, University of Goettingen, Department of Economics.
  90. Sutter, Matthias & Czermak, Simon & Feri, Francesco, 2013. "Strategic sophistication of individuals and teams. Experimental evidence," European Economic Review, Elsevier, vol. 64(C), pages 395-410.
  91. Pütz, Alexander & Ruenzi, Stefan, 2010. "Overconfidence among professional investors: Evidence from mutual fund managers," CFR Working Papers 08-08 [rev.], University of Cologne, Centre for Financial Research (CFR).
  92. Ronald Bosman & Frans van Winden, 2002. "Emotional Hazard in a Power-to-take Experiment," Economic Journal, Royal Economic Society, vol. 112(476), pages 147-169, January.
  93. Königstein, Manfred & Ruchala, Gabriele K., 2007. "Performance Pay, Group Selection and Group Performance," IZA Discussion Papers 2697, Institute for the Study of Labor (IZA).
  94. Marie-Pierre Dargnies, 2012. "Men Too Sometimes Shy Away from Competition: The Case of Team Competition," Management Science, INFORMS, vol. 58(11), pages 1982-2000, November.
  95. Matthias Sutter & Martin Kocher & Sabine Strau?, . "Individuals and teams in UMTS-license auctions," Working Papers 2007-23, Faculty of Economics and Statistics, University of Innsbruck.
  96. Han, Johann & Kairies-Schwarz, Nadja & Vomhof, Markus, 2016. "Quality competition and hospital mergers: An experiment," Ruhr Economic Papers 609, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
  97. Amankwah-Amoah, Joseph, 2015. "A unified framework for incorporating decision-.making into explanations of business failure," MPRA Paper 65896, University Library of Munich, Germany.
  98. Müller, Wieland & Tan, Fangfang, 2013. "Who acts more like a game theorist? Group and individual play in a sequential market game and the effect of the time horizon," Games and Economic Behavior, Elsevier, vol. 82(C), pages 658-674.
  99. Keck, Steffen & Diecidue, Enrico & Budescu, David V., 2014. "Group decisions under ambiguity: Convergence to neutrality," Journal of Economic Behavior & Organization, Elsevier, vol. 103(C), pages 60-71.
  100. Marco Casari & Christine Jackson & Jingjing Zhang, 2009. "Do Groups Fall Prey to the Winner's Curse?," Department of Economics Working Papers 2009-18, McMaster University.
  101. Ronald Bosman & Heike Hennig-Schmidt & Frans vanWinden, 2002. "Exploring Group Behavior in a Power-to-Take Video Experiment," Bonn Econ Discussion Papers bgse7_2002, University of Bonn, Germany, revised May 2002.
  102. Daniela Di Cagno & Emanuela Sciubba & Marco Spallone, 2012. "Choosing a gambling partner: testing a model of mutual insurance in the lab," Theory and Decision, Springer, vol. 72(4), pages 537-571, April.
  103. Karen Evelyn Hauge & Ole Rogeberg, 2015. "Representing Others in a Public Good Game," Games, MDPI, Open Access Journal, vol. 6(3), pages 381, September.
  104. Ronald Bosman & Heike Hennig-Schmidt & Frans Winden, 2006. "Exploring group decision making in a power-to-take experiment," Experimental Economics, Springer, vol. 9(1), pages 35-51, April.
  105. Sutter, Matthias, 2005. "Are four heads better than two? An experimental beauty-contest game with teams of different size," Economics Letters, Elsevier, vol. 88(1), pages 41-46, July.
  106. Jeanette Brosid-Koch & Timo Heinrich & Christoph Helbach, 2013. "Does Truth Win When Teams Reason Strategically?," Ruhr Economic Papers 0396, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  107. Kamei, Kenju, 2015. "Power of Joint Decision-Making in a Finitely-Repeated Dilemma," MPRA Paper 62438, University Library of Munich, Germany.
  108. David J. Cooper & John H. Kagel, 2005. "Are Two Heads Better Than One? Team versus Individual Play in Signaling Games," American Economic Review, American Economic Association, vol. 95(3), pages 477-509, June.
  109. Alistair Munro & Danail Popov, 2013. "A portmanteau experiment on the relevance of individual decision anomalies for households," Experimental Economics, Springer, vol. 16(3), pages 335-348, September.
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