Groupthink¶
Bénabou, R. (2013). Groupthink: Collective Delusions in Organizations and Markets. Review of Economic Studies, 80(2), 429-462.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Groupthink
- In each case, the structural lesson is the same: aggregation is valuable only when inputs are informationally independent, and social or institutional mechanisms that correlate inputs destroy the aggregation's epistemic value while preserving its appearance.
This sourceFormal economic model of contagious wishful thinking / consensus-driven belief distortion in interaction structures, including hierarchies (delusion trickles down from leaders) and markets; differentiates group morale from groupthink.
Supported in partVerified against the work's full text
Bénabou supplies the groupthink column (Janis's symptoms, cohesion, devil's-advocate remedies) but never discusses ensemble models; the mapping is the entry's own.
“The eight symptoms were: (a) illusion of invulnerability; (b) collective rationalization; (c) belief in inherent morality; (d) stereotyped views of out-groups; (e) direct pre ssure on dissenters; (f) self-censorship; (g) illusion of unanimity; (h) self-appointed mindguards.”
- In each case, the structural lesson is the same: aggregation is valuable only when inputs are informationally independent, and social or institutional mechanisms that correlate inputs destroy the aggregation's epistemic value while preserving its appearance.
Verification¶
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Registry ID ref:856cd9c8e10c · see in the full table