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Does group discussion lead to better informed and more strategic market entry decisions?
Journal article   Open access  Peer reviewed

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

Z Murad
Economics Letters, Vol.144, pp.25-28
26/04/2016

Abstract

subj_Economics
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.
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