Please use this identifier to cite or link to this item: https://doi.org/10.15480/882.4664
Publisher DOI: 10.1016/j.econlet.2014.01.016
Title: Does truth win when teams reason strategically?
Language: English
Authors: Brosig-Koch, Jeannette 
Heinrich, Timo  
Helbach, Christoph 
Keywords: Race game; Strategic reasoning; Team decision making
Issue Date: 27-Jan-2014
Publisher: Elsevier
Source: Economics Letters 123 (1): 86-89 (2014-04)
Abstract (english): 
We study behavior in the race game with the aim of assessing whether teams can create synergies. The race game has the advantage that the optimal strategy depends neither on beliefs about other players nor on distributional or efficiency concerns. Our results reveal that teams not only outperform individuals but that they can also beat the "truth-wins" benchmark. In particular, varying the length of the race game we find that the team advantage increases with the complexity of the game.
URI: http://hdl.handle.net/11420/9099
DOI: 10.15480/882.4664
ISSN: 0165-1765
Journal: Economics letters 
Document Type: Article
License: CC BY-NC-ND 4.0 (Attribution-NonCommercial-NoDerivatives) CC BY-NC-ND 4.0 (Attribution-NonCommercial-NoDerivatives)
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