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An experiment-based methodology to understand the dynamics of group decision making

Author

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  • Mason, Susan G.
  • Holley, Don
  • Wells, Aaron
  • Jain, Amit
  • Wuerzer, Thomas
  • Joshi, Alark

Abstract

•An experiment based methodology is proposed for understanding group decision making.•We find SNA tools are more appropriate than traditional statistical methods for understanding group dynamics.•Crucial decision points are a key component of group decision making.•Understanding the dynamics of group decisions has great potential for creating a transformation in a networked society.

Suggested Citation

  • Mason, Susan G. & Holley, Don & Wells, Aaron & Jain, Amit & Wuerzer, Thomas & Joshi, Alark, 2016. "An experiment-based methodology to understand the dynamics of group decision making," Socio-Economic Planning Sciences, Elsevier, vol. 56(C), pages 14-26.
    • Handle: RePEc:eee:soceps:v:56:y:2016:i:c:p:14-26
    DOI: 10.1016/j.seps.2016.06.001
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    References listed on IDEAS

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    5. Hessel Oosterbeek & Randolph Sloof & Gijs van de Kuilen, 2004. "Cultural Differences in Ultimatum Game Experiments: Evidence from a Meta-Analysis," Experimental Economics, Springer;Economic Science Association, vol. 7(2), pages 171-188, June.
    6. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    7. Kahneman, Daniel & Knetsch, Jack L & Thaler, Richard, 1986. "Fairness as a Constraint on Profit Seeking: Entitlements in the Market," American Economic Review, American Economic Association, vol. 76(4), pages 728-741, September.
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    Cited by:

    1. Faralla, Valeria & Borà, Guido & Innocenti, Alessandro & Novarese, Marco, 2020. "Promises in group decision making," Research in Economics, Elsevier, vol. 74(1), pages 1-11.
    2. Ceriotti, C. & Della Torre, M. & Grassetti, F. & Marazzina, D., 2023. "Should I have closed? A multiplex network approach for the short-term economic effect of Covid-19 containment measures in the EU," Socio-Economic Planning Sciences, Elsevier, vol. 90(C).

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