Does group discussion lead to better informed and more strategic market entry decisions?

Zahra Murad

doi:10.1016/j.econlet.2016.04.032

Does group discussion lead to better informed and more strategic market entry decisions?

Zahra Murad

University of Surrey

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Abstract

We investigate the possibility of group discussion serving as an implicit information channel to eliminate biased entry decisions into experimental markets. We find that groups are more informed than individuals in their beliefs. Nevertheless they make similarly biased market entry decisions failing to learn from feedback and repetition.

Original language	English
Pages (from-to)	25-28
Number of pages	4
Journal	Economics Letters
Volume	144
Early online date	26 Apr 2016
DOIs	https://doi.org/10.1016/j.econlet.2016.04.032
Publication status	Published - Jul 2016

Keywords

RCUK
ESRC
ES/K002201/1

Access to Document

10.1016/j.econlet.2016.04.032

MURAD_2016_cright_EL_Does group discussion lead to better informed and more strategic market entry decisionsAccepted author manuscript (Post-print), 735 KBLicence: CC BY-NC-ND

Cite this

@article{8abc75f6b1014c8d935388a921ad0feb,

title = "Does group discussion lead to better informed and more strategic market entry decisions?",

abstract = "We investigate the possibility of group discussion serving as an implicit information channel to eliminate biased entry decisions into experimental markets. We find that groups are more informed than individuals in their beliefs. Nevertheless they make similarly biased market entry decisions failing to learn from feedback and repetition.",

keywords = "RCUK, ESRC, ES/K002201/1",

author = "Zahra Murad",

year = "2016",

month = jul,

doi = "10.1016/j.econlet.2016.04.032",

language = "English",

volume = "144",

pages = "25--28",

journal = "Economics Letters",