SIMON GAECHTER simon.gaechter@nottingham.ac.uk
Professor, Psychology of Economic Decision Making
Measuring “Group Cohesion” to Reveal the Power of Social Relationships in Team Production
Gächter, Simon; Starmer, Chris; Tufano, Fabio
Authors
CHRIS STARMER chris.starmer@nottingham.ac.uk
Professor of Experimental Economics
Fabio Tufano
Abstract
We introduce "group cohesion" to study the economic relevance of social relationships in team production. We operationalize measurement of group cohesion, adapting the "oneness scale" from psychology. A series of experiments, including a pre-registered replication, reveals strong positive associations between group cohesion and performance assessed in weak-link coordination games, with high-cohesion groups being very likely to achieve superior equilibria. In exploratory analysis, we identify beliefs rather than social preferences as the primary mechanism through which factors proxied by group cohesion influence group performance. Our evidence provides proof-of-concept for group cohesion as a useful tool for economic research and practice.
Citation
Gächter, S., Starmer, C., & Tufano, F. (2023). Measuring “Group Cohesion” to Reveal the Power of Social Relationships in Team Production. Review of Economics and Statistics, 1-45. https://doi.org/10.1162/rest_a_01283
Journal Article Type | Article |
---|---|
Acceptance Date | Nov 30, 2022 |
Online Publication Date | Feb 6, 2023 |
Publication Date | Feb 6, 2023 |
Deposit Date | Feb 9, 2023 |
Publicly Available Date | Feb 10, 2023 |
Journal | The Review of Economics and Statistics |
Print ISSN | 0034-6535 |
Electronic ISSN | 1530-9142 |
Peer Reviewed | Peer Reviewed |
Pages | 1-45 |
DOI | https://doi.org/10.1162/rest_a_01283 |
Keywords | Economics and Econometrics; Social Sciences (miscellaneous) |
Public URL | https://nottingham-repository.worktribe.com/output/17081599 |
Publisher URL | https://direct.mit.edu/rest/article/doi/10.1162/rest_a_01283/114758/Measuring-Group-Cohesion-to-Reveal-the-Power-of |
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MEASURING “GROUP COHESION” TO REVEAL THE POWER OF SOCIAL RELATIONSHIPS IN TEAM PRODUCTION
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Publisher Licence URL
https://creativecommons.org/licenses/by/4.0/
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