THE RISKY SHIFT IN GROUP BETTING.

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Abstract:

Two experiments were performed, involving a similar method. Experiment 1 showed for the first time that group discussion can produce a shift toward greater risk in choices among bets. A risky shift was found in two dimensions of risk taking probability preferences and stake preferences. This finding made it possible to use bets in the second experiment. In Experiment 11, no risky shift was found in a group decision where the members of the group had engaged in past discussions about other issues but were not permitted to discuss or exchange information about the current issue. This result casts doubt on the diffusion of responsibility theory about the risky shift. Author

Author(s):
Pruitt, Dean G. ; Teger, Allan I.
Author Organization(s):
STATE UNIV OF NEW YORK BUFFALO DEPT OF PSYCHOLOGY
Descriptive Note:
Technical rept.,
Supplementary Note:
Report on Studies of the Dynamics of Cooperation and Conflict.
Pagination:
0030

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
TR-4
Contract/Grant Number(s):
N00014-67-C-0190
 Subject Terms
Joint Capability Areas:
JCA_1.2.7_Experimentation
Communities of Interest:
No COI(s) Identified
Descriptor(s):
(*GROUP DYNAMICS, DECISION MAKING), BEHAVIOR, PROBABILITY, MOTIVATION, SOCIAL COMMUNICATION, PERSONALITY, SOCIAL PSYCHOLOGY
Field(s)/Group(s):
Psychology
Report Date:
1968 Mar 15