A laboratory study of group polarisation in the team dictator game

Timothy Cason, Vai-Lam Mui

Research output: Contribution to journalArticleResearchpeer-review

154 Citations (Scopus)

Abstract

The article introduces the team dictator game to study whether social dynamics within a group can cause groups decisions to differ systematically from individuals decisions. Most studies of economic decisions assume that the decision is made by a single individual. For example, in studying a firm s behavior, economists usually assume that an individual - the owner or the manager - decides what to produce, how much to produce, or whether to invest in a particular project. It is also customary when studying consumer behavior to assume that decisions are made by an individual consumer. However, many economic decisions are made by a group of individuals instead of a single person. For example, in large corporations, important investment and production decisions are usually made by a top management team. For married couples, the decision regarding whether to buy an expensive consumer durable - like a car or a house - is often the result of intense discussion or even debate between the wife and husband.
Original languageEnglish
Pages (from-to)1465 - 1483
Number of pages19
JournalThe Economic Journal
Volume107
Issue number444
Publication statusPublished - 1997
Externally publishedYes

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