This study investigates the impact of different hierarchy types on group decision-making outcomes. Using data from an incentivized economic experiment with South Korean college students, it compares group choices in lottery and intellective tasks under five hierarchy types: no hierarchy, age-based, merit-based, random, and elected. Results reveal no significant differences in risk attitudes across hierarchy types but show that merit-based hierarchies lead to better performance in intellective tasks. The perceived legitimacy of the hierarchy appears to influence outcome quality.
Publisher
Humanities and Social Sciences Communications
Published On
May 04, 2023
Authors
Donata Bessey
Tags
hierarchy types
decision-making
group choices
intellective tasks
merit-based
legitimacy
economic experiment
Related Publications
Explore these studies to deepen your understanding of the subject.
