Are groups more (or less) consistent than individuals?

There is now overwhelming experimental evidence that individuals systematic ally violate the axioms of Expected Utility theory. In reality, however, ma ny economic decisions are taken by, or on behalf of, groups whose members h ave a joint stake in those decisions. This paper reports on an experiment i n which pairs of individuals are tested for Common-Ratio inconsistencies. W e find that the agreed choices of subject-pairs follow a pattern of inconsi stency very close to that of individuals' choices. We also look for evidenc e that group participation increases the consistency of the individuals the mselves. With one solitary exception, we find none.