Collective Induction Without Cooperation? Learning and Knowledge Transfer in Cooperative Groups and Competitive Auctions

There is strong evidence that groups perform better than individuals do on intellective tasks with demonstrably correct solutions. Typically, these studies assume that group members share common goals. The authors extend this line of research by replacing standard face-to-face group interactions wit...

Full description

Saved in:
Bibliographic Details
Published in:Journal of personality and social psychology Vol. 92; no. 5; pp. 854 - 870
Main Authors: Maciejovsky, Boris, Budescu, David V
Format: Journal Article
Language:English
Published: Washington, DC American Psychological Association 01-05-2007
Subjects:
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:There is strong evidence that groups perform better than individuals do on intellective tasks with demonstrably correct solutions. Typically, these studies assume that group members share common goals. The authors extend this line of research by replacing standard face-to-face group interactions with competitive auctions, allowing for conflicting individual incentives. In a series of studies involving the well-known Wason selection task, they demonstrate that competitive auctions induce learning effects equally impressive as those of standard group interactions, and they uncover specific and general knowledge transfers from these institutions to new reasoning problems. The authors identify payoff feedback and information pooling as the driving factors underlying these findings, and they explain these factors within the theoretical framework of collective induction.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ObjectType-Article-1
ObjectType-Feature-2
ISSN:0022-3514
1939-1315
DOI:10.1037/0022-3514.92.5.854