Does group discussion lead to better informed and more strategic market entry decisions?

C-Tier
Journal: Economics Letters
Year: 2016
Volume: 144
Issue: C
Pages: 25-28

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We investigate the possibility of group discussion serving as an implicit information channel to eliminate biased entry decisions into experimental markets. We find that groups are more informed than individuals in their beliefs. Nevertheless they make similarly biased market entry decisions failing to learn from feedback and repetition.

Technical Details

RePEc Handle
repec:eee:ecolet:v:144:y:2016:i:c:p:25-28
Journal Field
General
Author Count
1
Added to Database
2026-01-26