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Many decisions in politics and business are made by teams rather than by single individuals. In contrast, economic models typically assume an individual rational decision maker. A rapidly growing body of (experimental) literature investigates team decisions in different settings. Heike Auerswald, from Dresden University, presents today at FEEM a study which finds out that teams contribute significantly more and punish less than individuals, regardless of the team decision rule.

Fondazione Eni Enrico Mattei