Influence and Information in Team Decisions: Evidence from Medical Residency

David C. Chan

American Economic Journal: Economic Policy, 2021, vol. 13, issue 1, 106-37

Abstract: I study team decisions among physician trainees. Exploiting a discontinuity in team roles across trainee tenure, I find evidence that teams alter decision-making, concentrating influence in the hands of senior trainees. I also demonstrate little convergence in variation of trainee effects despite intensive training. This general pattern of trainee effects on team decision-making exists in all types of decisions and settings that I examine. In analyses evaluating mechanisms behind this pattern, I find support for the idea that significant experiential learning occurs during training and that teams place more weight on judgments of senior trainees in order to aggregate information.

JEL-codes: D83 I11 J44 M53 M54 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (10)

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DOI: 10.1257/pol.20180501

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