Leadership in Groups: A Monetary Policy Experiment - Couverture souple

Blinder, Alan S

Couverture souple

ISBN 10 : 1249560101 ISBN 13 : 9781249560104

Editeur : Bibliogov, 2012

Synopsis

This paper studies monetary policy decision making by committee, using an experimental methodology. In an earlier paper (Blinder and Morgan 2005), we found that groups not only outperformed individuals, but they also took no longer to reach decisions. We successfully replicate those results here. Next, we find little difference between the performances of fourperson and eight-person groups; the larger groups outperform the smaller groups by a very small (and often insignificant) margin. Third, and most surprisingly, we find no evidence of superior performance by groups that have designated leaders. Possible reasons for that strongly counterintuitive finding are discussed.

Détails de l'édition

• Éditeur: Bibliogov
• Date d'édition: 2012
• Langue: anglais
• ISBN 10: 1249560101
• ISBN 13: 9781249560104
• Reliure: Broché
• Nombre de pages: 38
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible