Are Four Heads Better than Two? An Experimental Beauty-Contest Game with Teams of Different Size

Sutter, Matthias

doi:10.2139/ssrn.517804

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Are Four Heads Better than Two? An Experimental Beauty-Contest Game with Teams of Different Size

13 Pages Posted: 18 Mar 2004

See all articles by Matthias Sutter

Matthias Sutter

Max Planck Institute for Research on Collective Goods

Date Written: March 16, 2004

Abstract

We examine the influence of team size on decision making in a beauty-contest experiment. Teams with four members outperform teams with two members and single persons significantly, whereas the latter two types of decision makers do not differ.

Keywords: Team decision making, team size, beauty-contest experiment

JEL Classification: C72, C91

Suggested Citation: Suggested Citation

Sutter, Matthias, Are Four Heads Better than Two? An Experimental Beauty-Contest Game with Teams of Different Size (March 16, 2004). Available at SSRN: https://ssrn.com/abstract=517804 or http://dx.doi.org/10.2139/ssrn.517804