Are more heads more motivated than one? The role of communication in group belief updating

  • Lata Gangadharan
  • , Philip J. Grossman
  • , Nina Xue

Publikation: Working/Discussion PaperWU Working Paper und Case

450 Downloads (Pure)

Abstract

Many decisions are made by groups under uncertainty, with beliefs playing a critical role. However, less is known about how groups, often driven by self-serving motivations, aggregate these beliefs. In an experiment, we examine how groups form and update beliefs following communication and compare these to individual beliefs. We find that beliefs do not differ initially, however, group deliberation facilitates more motivated updating as groups become more pessimistic and less accurate than individuals over time. Text analyses reveal that groups with stronger self-serving motives send a larger volume of messages and are less likely to be anchored by initial proposals.
OriginalspracheEnglisch
HerausgeberWU Vienna University of Economics and Business
Seitenumfang32
DOIs
PublikationsstatusVeröffentlicht - Dez. 2025

Publikationsreihe

ReiheDepartment of Economics Working Paper Series
Nummer388

WU Working Papers und Cases

  • Department of Economics Working Paper Series

Zitat