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Choice Shifts in Groups: A Decision-Theoretic Basis
The American Economic Review
We thank Gilat Levy, two anonymous referees, and a coeditor for useful comments. We gratefully acknowledge support from the National Science Foundation under grant SES-0421852. Ray thanks the London School of Economics, STICERD in particular, for their warm hospitality during the preparation of this revision. 1 A notable exception is a recent experimental literature that compares the quality of decision-making across groups and individuals (e.g., David J. Cooper and John H. Kagel, 2005). 2doi:10.1257/aer.96.4.1321 fatcat:repaanwcpneg7extnu5poq633a