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June 20, 2005

Are four heads better than two? An experimental beauty-contest game with teams of different size

Matthias Sutter (2005). "Are four heads better than two? An experimental beauty-contest game with teams of different size." Economics Letters 88, 1 (July 2005): 41-46.

自分用のメモ。著者の所属機関:Max Planck Institute for Research into Economic Systems, Strategic Interaction Group, Kahlaische Strasse 10, D-07745 Jena, Germany

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: Team decision making; Team size; Beauty-contest experiment

JEL classification: C72; C91


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