Business

Hierarchies and decision-making in groups: experimental evidence

D. Bessey

This captivating study by Donata Bessey delves into how various hierarchy types affect group decision-making outcomes, revealing intriguing insights on hierarchy legitimacy and performance in intellective tasks through an economic experiment with South Korean college students.

00:00

Playback language: English

Index

Abstract

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

Related Publications

Explore these studies to deepen your understanding of the subject.

Social Work

Hesitant or determined? The influence of social and environmental factors on settlement decision-making of rural in-migrants: evidence from Dali, China

Y. Li, N. Yan, et al.

Psychology

Ventromedial prefrontal value signals and functional connectivity during decision-making in suicidal behavior and impulsivity

V. M. Brown, J. Wilson, et al.

Interdisciplinary Studies

Trapped in the prison of the mind: Notions of climate-induced (im)mobility decision-making and wellbeing from an urban informal settlement in Bangladesh

S. Ayeb-karlsson, D. Kniveton, et al.

Education

Impact of artificial intelligence on human loss in decision making, laziness and safety in education

S. F. Ahmad, H. Han, et al.

Listen, Learn & Level Up

Over 10,000 hours of research content in 25+ fields, available in 12+ languages.

No more digging through PDFs, just hit play and absorb the world's latest research in your language, on your time.

listen to research audio papers with researchbunny