[VCEE Seminar] REMINDER: VCEE Seminar with Sebastian Fehrler - Invitation, March 17

[Mailing list of the VCEE seminar series]

Dear All,

You are invited to attend the VCEE seminar on Monday, March 17, 2025, from 11:30 to 13:00 hrs Vienna time.

The seminar takes place in lecture hall 7 (1st floor) at Oskar-Morgenstern-Platz 1.

We will have one speaker: Sebastian Fehrler (University of Bremen)
Webpage:  http://sebastianfehrler.bplaced.net/wordpress/<https://www.google.com/url?q=http://sebastianfehrler.bplaced.net/wordpress/&sa=D&source=calendar&usd=2&usg=AOvVaw0bnNr2U7Pnd5Yswx12WE2c>
Here is more information about the talk:

Title: Too Good to be True - Individual and Collective Decision-Making with Misleading Signals (with A. Hochleitner and M. Janas)



Abstract:
This study is motivated by a peculiar ancient rule which highlights the need for thorough examination and dissent in decision-making processes. It is stated in the Babylonian Talmud and demands that if a defendant is unanimously convicted by all judges, they should be acquitted. In today's world, too, there are many cases, where overwhelming evidence, such as fabricated customer reviews, can result in deceptive conclusions. We experimentally investigate individual and collective decision-
making within information structures with correlated signals in one state of the world, where too much evidence has the potential to mislead, necessitating a level of sophistication for rational decision-making. Overall, participants' performance is poor with only small differences in collective and individual decision-making accuracy. Interestingly, the more complex environment tends to encourage greater
honesty within heterogeneous groups, as compared to the benchmark setting with independent signals, thus validating a rather subtle game-theoretic prediction.

If you are interested in meeting Sebastian Fehler (meeting slots of 30') you can register via this link:
https://nuudel.digitalcourage.de/OO5lRX6K7NHz4pup

Best regards,
Nora
(on behalf of Sylvia)

--
Mag. Nora Brandes
University of Vienna
Department of Economics
Oskar-Morgenstern-Platz 1
1090-Wien, Austria
Phone: +43 1 4277 37404
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