Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/100169
Authors: 
Nieboer, Jeroen
Year of Publication: 
2013
Series/Report no.: 
CeDEx Discussion Paper Series 2013-06
Abstract: 
Using an experiment with incentivized decisions of groups in the economics laboratory, I investigate the effect of group diversity on group risk taking. I measure econometrically the effects of various aspects of subjects' diversity: nationality, language, university degree and gender. I find that group decisions, when taken during face-to-face discussions between group members, replicate the pattern of previous studies with the same experimental task in that they lead to significantly higher risk taking by groups as compared to individuals. Furthermore, the only dimension of diversity with an effect on risk taking is gender: risk taking is increasing in the number of male group members.
Subjects: 
experiments
choice under risk
groups
teams
diversity
JEL: 
C91
C92
D71
D80
Document Type: 
Working Paper

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