Table 5 Changes in predicted probabilities, probability of inconsistent choices and correct answers to intellective task for groups.

From: Hierarchies and decision-making in groups: experimental evidence

 

Prob. of inconsistent choice

Prob. of correct IT answer

1 = random hierarchy

−0.000 (1.000)

0.148 (0.251)

1 = hierarchy by vote

0.126 (0.329)

0.077 (0.541)

1 = age hierarchy

−0.000 (1.000)

0.077 (0.541)

1 = merit hierarchy

0.045 (0.633)

0.389*** (0.000)

  1. The baseline group is the voting group without a hierarchy. P-values are given in parentheses.
  2. ***denotes a significance level of 1%.
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