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 t...
| Main Authors: | , , |
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| Format: | Article |
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Springer
2014
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| Online Access: | https://eprints.nottingham.ac.uk/29780/ |
| _version_ | 1848793851685240832 |
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| author | Isopi, Alessia Nosenzo, Daniele Starmer, Chris |
| author_facet | Isopi, Alessia Nosenzo, Daniele Starmer, Chris |
| author_sort | Isopi, Alessia |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T19:06:52Z |
| format | Article |
| id | nottingham-29780 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T19:06:52Z |
| publishDate | 2014 |
| publisher | Springer |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-297802020-05-04T16:49:15Z https://eprints.nottingham.ac.uk/29780/ Does consultation improve decision-making? Isopi, Alessia Nosenzo, Daniele Starmer, Chris 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. Springer 2014-06-20 Article PeerReviewed Isopi, Alessia, Nosenzo, Daniele and Starmer, Chris (2014) Does consultation improve decision-making? Theory and Decision, 77 (3). pp. 377-388. ISSN 0040-5833 Consultation decision making group decisions individual decisions http://link.springer.com/article/10.1007/s11238-014-9449-9/fulltext.html doi:10.1007/s11238-014-9449-9 doi:10.1007/s11238-014-9449-9 |
| spellingShingle | Consultation decision making group decisions individual decisions Isopi, Alessia Nosenzo, Daniele Starmer, Chris Does consultation improve decision-making? |
| title | Does consultation improve decision-making? |
| title_full | Does consultation improve decision-making? |
| title_fullStr | Does consultation improve decision-making? |
| title_full_unstemmed | Does consultation improve decision-making? |
| title_short | Does consultation improve decision-making? |
| title_sort | does consultation improve decision-making? |
| topic | Consultation decision making group decisions individual decisions |
| url | https://eprints.nottingham.ac.uk/29780/ https://eprints.nottingham.ac.uk/29780/ https://eprints.nottingham.ac.uk/29780/ |